In each of the following transactions $($a$)$ through $(c)$ for Catena's Marketing Company, indicate the effect of the adjusting entry on the elements of the balance sheet and income statement.

Note: Reductions in account balances should be indicated with a minus sign.

a$.$ Estimated electricity usage at $$340$ for December; to be paid in January of next year.

b$.$ On September $1$ of the current year, loaned $$6,600$ to an officer who will repay the loan principal and interest in one year at an annual interest rate of $12$ percent.

c$.$ Owed wages to $11$ employees who worked three days at $$180$ each per day at the end of the current year. The company will pay employees at the end of the first week of next year.

$\backslash$table$[[$Transaction$,$Balance Sheet,Income Statement$],[$Assets$,$Liabilities,$\backslash$table$[[$Stockholders$\text{'}],[$Equity$]],$Revenues,Expenses,Net Income$],[,,,,,],[$b$.,,,,,,],[$c$.,,,,,,]]$