LTU$+$ is a consultancy firm. The following adjustments were made for LTU$+$ company:

Account

Adjustments

Increase $($Decrease$)$

$1.$ Accounts Receivable

$$11,250$

$2.$ Supplies

$(1,350)$

$3.$ Prepaid Insurance

$(1,800)$

$4.$ Accumulated Depreciation$$Equipment

$7,500$

$5.$ Wages Payable

$4,500$

$6.$ Unearned Rent

$(9,000)$

$7.$ Fees Earned

$11,250$

$8.$ Wages Expense

$4,500$

$9.$ Supplies Expense

$1,350$

$10.$ Rent Revenue

$9,000$

$11.$ Insurance Expense

$1,800$

$12.$ Depreciation Expense

$7,500$

Identify all six pairs of adjustments. For each adjustment, specify the account, whether it is subject to an increase or decrease, and provide the adjustment amount. Each adjustment pertains to a unique account, and the format to use is as follows, with the first adjustment serving as an example.

Account

Increase or decrease

Amount

$1.$ Accounts Receivable

Fees Earned

$$11,250$

$$11,250$

Increase

Increase