the accountant for healthy life company a medical services firm mistakenly omitted adjusting entries for a unearned revenue earned during the year 34900 and accrued waged 12770 indicate the effect of each error consider individually on the income statement for the current year end July 31.also indicate the effect of each error on the July 31 balance sheet 1 revenue for year would be. expenses for the year would be. net income for year would be. assets at July 31 would be. liability at July 31 would be. stockholders equity would be.