Question 1 Wang Company accumulates the following adjustment d For each item, indicate (1) the type of adjustment (prep (overstated or understated). (Enter your answers in a (a) Services performed but unbilled total $600. (b) Store supplies of $160 are on hand. The supplies a (a) Services performed but unbilled total $600. (b) Store supplies of $160 are on hand. The supplies account shows a $1,900 balance_ hy. (c) Utility expenses of $275 are unpaid. (d) Services performed of $490 collected in advance. Salaries of $620 are unpaid. (f) Prepaid insurance totaling $400 has expired. e ere to search Question 1 Wang Company accumulates the following adjustment d For each item, indicate (1) the type of adjustment (prep (overstated or understated). (Enter your answers in a (a) Services performed but unbilled total $600. (b) Store supplies of $160 are on hand. The supplies a (a) Services performed but unbilled total $600. (b) Store supplies of $160 are on hand. The supplies account shows a $1,900 balance_ hy. (c) Utility expenses of $275 are unpaid. (d) Services performed of $490 collected in advance. Salaries of $620 are unpaid. (f) Prepaid insurance totaling $400 has expired. e ere to search