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Identify the impact on the balance sheet for that month if the following information is not used to adjust the accounts. (Ente answers in alphabetical
Identify the impact on the balance sheet for that month if the following information is not used to adjust the accounts. (Ente answers in alphabetical order.) 1. 2. Supplies consumed during the month totalled $2,640. Interest accrues on notes payable at the rate of $176 per month Insurance of $387 expired during the month. Plant and equipment are depreciated at the rate of $1.200 per month. 3, 1 overstated and Intangibles overstated . by $2,640. 2. understated and liabilities overstated : by $176. Intangibles Longam Investments Stockholders' Equity Liabilities Assets 3. overstated and Assets Overstated by $387. 4. Assets overstated and Assets overstated by $1.200 Identify the impact on the balance sheet for that month if the following information is not used to adjust the accounts. (Enter answers in alphabetical order.) 2. Supplies consumed during the month totalled $2,640. Interest accrues on notes payable at the rate of $176 per month Insurance of $387 expired during the month. Plant and equipment are depreciated at the rate of $1,200 per month. 3. 4. 1. Liabilities overstated by $2,640 2. Long-term Investments overstated + and Intangibles Assets understated and Liabilities Long-term investments overstated and Stockholders' Equity overstated by $176. 3. Liabilities overstated by $387 4. Assets . overstated and Assets overstated by $1,200 Identify the impact on the balance sheet for that month if the following information is not used to adjust the accounts. (Enter answers in alphabetical order.) 1. 2. Supplies consumed during the month totalled $2,640. Interest accrues on notes payable at the rate of $176 per month. Insurance of $387 expired during the month. Plant and equipment are depreciated at the rate of $1.200 per month. 3. 4. 1. Liabilities overstated and Intangibles overstated by $2,640 2. Long-term Investments - understated and Liabilities overstated + by $176. 3 Liabilities a overstated and Assets overstated by $387 4. Assets overstated e and Assets overstated by $1,200
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