Question 5 [15 points] At May month-end Southgate 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. If 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 ( +-). A = L + E a) A review of the $48.000 unadjusted balance in the prepaid rent account shows a remaining balance of $43 250 at the end of the month b) A review of the S42.000 unadjusted balance in the supplies account shows a balance on hand at the end of the month of $41.900 c) S8000 of the $12.000 consulting fees paid to Southgate Inc in advance has not yet been eamed d) of the rent paid to Southgate Inc in advance $1.500 has been eamed e) $750 of the insurance policy purchased in advance has expired f) S4 700 of the television advertising paid for in advance has been used g) $7000 of the rent paid in advance has been used h) The estimated monthly depreciation on the equipment is $410. D) $480 of interest has accrued on a note payable and is unrecorded 1 59 000 of advertising Southgate Inc placed in the local newspaper is unrecorded and unpaid k) S2000 of the rent paid in advance has expired 1) The estimated monthly depreciation on the building is $150 m) S4 500 of the rent paid in advance has expired n) Unrecorded and uncollected consulting fees at the end of the month were S3 250 o) 5800 of property taxes have accrued and are unrecorded