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s Exercise 4-8 Wang Company accumulates the following adjustment data at December 31. For each item, indicate the (1) type of adjustment (prepaid expense, unearned

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s Exercise 4-8 Wang Company accumulates the following adjustment data at December 31. For each item, indicate the (1) type of adjustment (prepaid expense, unearned revenue, accrued revenue, or accrued expense) and (2) the status of the accounts before (overstated or understated). (Enter your answers in alphabetical order.) adjustment Type of Adjustment Accounts Before Adjustment (a) Services performed but unbilled totals $600. (b) store supplies of s160 are on hand. The supplies account shows a $1,900 balance. (c) Utility expenses of $275 are unpaid. (d) Service performed of $490 collected in advance. (e) salaries of s620 are unpaid. Prepaid insurance totaling s400 has explined. LINK TO TEXT

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