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I M N O In recording adjusting entries, ABC Hotel Company failed to record the adjusting entries for the following situations: m Office supplies on

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I M N O In recording adjusting entries, ABC Hotel Company failed to record the adjusting entries for the following situations: m Office supplies on hand (what's left), $100. In Accrued revenues, $100. LD Accrued interest expense, $100. Depreciation, $100. co Unearned revenue that has been earned, $100. Accrued wages, $100. Insurance expired/used, $100. Determine the effects on the income statement and balance sheet by identifying whether assets, liabilities, equity, revenue, and expenses are either overstated or understated. Use the following table. Adjustment in line a. has been provided as an example. 12 Accuracy Adjustment Balance Sheet Income Statement B/S 15 Assets Liabilities Equity Revenues Expenses Net Income 16 a Office supplies on hand (what's left), $100. Check Again Check Again b Accrued revenues, $100. Check Again Check Again c Accrued interest expense, $100. Check Again Check Again 21 d Depreciation, $100. Check Again Check Again 22 23 24 e Unearned revenue that has been earned, $100. Check Again Check Again 25 Check Again Check Again 26 f Accrued wages, $100. Check Again Check Again Insurance expired/used, $100

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