PLEASE EXPLAIN STEP BY STEP

On 5/1/21, XYZ paid KLM 24,000 for a 1 year advertising campaign commencing 5/1/21 1. if XYZ recorded the payment of advertising to a permanent account the adjusting entry on 12/31/21 is: Ad exp. PP advert 110,000 -- 1000 the company fails to make an adjusting entry, the impact on the accounting equation is: 2.JIFXYZ recorded the payment of advertising to a temporary account the adjusting entry on 12/31/21 is: Prepaid advert Adv exp 8,000 6000 V the company fails to make an adjusting entry, the impact on the accounting equation is 3.Jif XYZ's unadjusted trial balance shows 14,000 in prepaid advertsing the adjusting entry on 12/31/21 is: Adv. Exp PP adu. if the company foils to make an adjusting entry, the impoct on the accounting equation is: 4.) KLM recorded the receipt of payment for a 1 year advertising campaign to a permanent account the adjusting entry on 12/31/21 is: if the company fails to make an adjusting entry, the impact on the accounting equation is: 5. KLM recorded the receipt of payment for a 1 advertising campain to a temporary account the adjusting entry on 12/31/21 15: the company foils to make an adjusting entry, the impact on the occounting equation is 6.) If KLM's unadjusted trial balance shows 8,000 in deferred revenue, the adjusting entry on 12/31/21 is: if the company foils to make an adjusting entry, the impact on the accounting equation is: 1 2 3 5 5 understand Overitat IN Assets Liabilities Equity O No to Undert Oversatt Note understred Overited Noted Underted Overstated No Elled Retained earnings Revenue COGS Understated lovereted No Efect Uriderated Overstated No Effort Understated Overstated No Lifet Expenses Net Income