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Question 5 [15 points) At Apni month-end Callaho inc gathered the information listed below for the preparation of adjusting entries. Indicate whether the required adjusting

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Question 5 [15 points) At Apni month-end Callaho inc gathered the information listed below for the preparation of adjusting entries. Indicate whether the required adjusting entry for each item would cause an increase (+), decrease (or has no effect (NE) on each of the components of the accounting equation of a transaction causes a decrease in one component of the accounting equation and also an increase in the same component but in a different account, select ( ) ALE a) $10,000 of the rent paid in advance has expired b) $1,500 of the insurance policy purchased in advance has expired c) Consulting work performed but unrecorded at the end of the month totalled $1250 d) A review of the 512 000 unadjusted balance in the prepaid rent account shows a remaining balance of $6.500 at the end of the month e) $17000 of the $18,000 rent paid to Calaho Inc in advance has not yet been camed 1 $600 of property taxes have accrued and are unrecorded 9:52.700 of the consulting fees paid to Callaho Inc in advance has been earned h) 52.100 of the television advertising paid for in advance has been used i) Accrued salanes a month-end totalled $2 500 1) The monthly depreciation on the equipment is $470 K) A building Collabo Inc owns is rented out for $1,500 each month The current monty's rent has not been received by month-end Areview of the $12,000 unadjusted balance in the prepaid insurance account shows a remaining balance of $5,500 at the end of the month m $5.000 of the rent paed in advance has been used n) The estimated monthly depreciation on the furniture is $390 0) $260 of interest has accrued on a note receivable and is unrecorded

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