John's Bout Yard, Inc. repairs, stores, and chans boats for customers. It is completing the accounting process for the year just ended on November 30. The transactions for the past you have been jumalized and posted. The following data with respect to adjusting entries at year-end are available a. John's Winterized (cleaned and covered) three boats for customers at the end of November, but did not record the service for $4.500. b. on October 1, John's paid $1,320 to the local newspaper for an advertisement to run every Thursday for 12 weeks. Al ads have been run except for three Thursdays in December to complete the 12 wok c. John's borrowed $258.000 a at a 12 percent annual interest rate on April 1 of the current year to expand its boat storage facility. The loan requires John's to pay the Interest quarterly until the note is reput in three years. John's paid Quarterly interest on July 1 and October 1 d. The Johnson family paid John's 54,320 on November 1 to store is sailboat for the winter intl May 1 of the next fecal year. John's credited amount to Unearted Storage Revenue on November 1. Boat repair supplies on hand at the beginning of the current your totaled $18.400 Repair supplies purchased ind obited to Supplies during the you touted to $47 AD0. The year and court showed 511.500 9. Wagos of $4,600 camed by employees during November were unpaid and unrecorded at November 30. The next payroll date will be December of the next fecal year. Required: For each of the transactions above, indicate the amount and direction of effects of the adjusting entry on the elements of the balance sheet and income statement. Using the table below, indicato + for increase und - Balance Sheet Transaction Assets Liabilities Stockholders Equity Income Statement Revenues Expenses Net Income b d