Required Information [The following information applies to the questions displayed below.] North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. Cash Account Titles Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Income Tax Payable Common Stock Retained Earnings Sales Revenue Salaries and Wages Expense Utilities Expense Rent Expense Depreciation Expense Income Tax Expense Totals Other data not yet recorded at December 31: a. Rent expired during the year, $1,190. b. Depreciation expense for the year, $1,110. c. Utilities used and unpaid, $8,900. d. Income tax expense. $380. Debit $ 11,900 Credit 5,900 2,380 20,900 $ 1,110 1,110 8 24,900 12,400 24,700 2,000 49,460 B 8 B $ 78,380 $ 78,380 Required: 1. Indicate the accounting equation effects of each required adjustment. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Transaction a. b. C. d. Assets Liabilities + + Stockholders' Equity