Requirements 1. Journalize the adjusting entries needed on July 31,2024. 2. Suppose the adjustments made in Requirement 1 were not made. Compute the overall overstatement or understatement of net income as a result of the omission of these adjustments. More info a. Depreciation, $900. b. Prepaid rent expires, $400. c. Interest expense accrued, $700. d. Employee salaries owed for Monday through Thursday of a five-day workweek; weekly payroll, $11,000. e. Unearned revenue earned, $1,400. f. Office supplies used, $450. The following data at July 31, 2024, are given for ACB: (Click the icon to view the data.) Read the requirements. Requirement 1. Journalize the adjusting entries needed on July 31, 2024. (Record debits first, then credits. Select the explanation on