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The following data at July 31, 2018, are given for LSM (Click the icon to view the data) Read the requirements 0 More Info 0

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The following data at July 31, 2018, are given for LSM (Click the icon to view the data) Read the requirements 0 More Info 0 Requirements a. Depreciation, $200 b. Prepaid rent expires, 5400 c. Interest expense accrued, $100 d. Employee salaries owed for Monday through Thursday of a five-day workweek, weekly payroll, $12,000 e. Unearned revenue earned $1,100 1. Office supplies used $500. 1. Journalize the adjusting entries needed on July 31, 2018 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 Print Done Print Done

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