Q2 (20 marks) Using the schedule below, indicate the impact of the following errors made during the adjusting entry process. Use a "+" for overstatements, a "-" for understatements, and a "0" for no effect. Revenues Expenses Assets 0 Liabilities Equity 0 EX + + 1. 2. HI Error Did not record depreciation Did not record unpaid utility bill Failed to adjust unearned revenue account for revenue earned Failed to adjust office supplies for supplied used Failed to accrue employee's wages. Recorded accrued rent expense with a debit to salary expense. 3. 4