Requiredt 1. Prepare the adjusting youmal entries needed at December 31. If an amount bes doet nect require an entry have it blank. 2. What is the sflect on the finarcial statements of these afjusting entries ara eot made? in all these caies: was onginalfy created when cash was bad. The bujusung entres will aNect acount. If chese entries were not made, sxpentes nould be and avete veuld be , In oddtien, net inceme will be