Selected account balances before adjustment for Alantic Coast Realty at July 31, 2016, the end of the current year, are as follows:

Accounts Receivable	$ 75,000
Equipment	345,700
Accumulated DepreciationEquipment	$112,500
Prepaid Rent	9,000
Supplies	3,350
Wages Payable
Unearned Fees	12,000
Fees Earned	660,000
Wages Expense	325,000
Rent Expense
Depreciation Expense
Supplies Expense

Data needed for year-end adjustments are as follows:

a.	Unbilled fees at July 31, $11,150.
b.	Supplies on hand at July 31, $900.
c.	Rent expired, $6,000.
d.	Depreciationof equipment during year, $8,950.
e.	Unearned fees at July 31, $2,000.
f.	Wages accrued but not paid at July 31, $4,840.

Required:
1.	Journalize the six adjusting entries required at July 31, based on the data presented. Refer to the Chart of Accounts for exact wording of account titles.
2.	What would be the effect on the income statement if adjustments (a) and (f) were omitted at the end of the year?
3.	What would be the effect on the balance sheet if adjustments (a) and (f) were omitted at the end of the year?
4.	What would be the effect on the Net increase or decrease in cash on the statement of cash flows if adjustments (a) and (f) were omitted at the end of the year?