Use the following transactions.

a. Wages of $880 for the last three days of the fiscal period have not been accrued.

b. Interest of $140 on a bank loan has not been accrued.

c. Interest on bonds payable has not been accrued for the current month. The company has outstanding $480,000 of 8.5% bonds.

d. The discount related to the bonds in part c has not been amortized for the current month. The current month amortization is $55.

e. Product warranties were honored during the month; parts inventory items valued at $810 were sent to customers making claims, and cash refunds of $440 were also made.

f. During the fiscal period, advance payments from customers totaling $1,900 were received and recorded as sales revenues. The items will not be delivered to the customers until the next fiscal period. Record the appropriate adjustment.

Required:

a-1. Show the effect, if any, of each of the transactions or adjustments on the appropriate balance sheet category or on the income statement by selecting the amount and indicating whether it is an addition (+) or a subtraction ().

\begin{tabular}{|c|c|c|c|c|} \hline TransactionorAdjustment & Current Assets & CurrentLiabilities & Long-TermDebt & Net Income \\ \hline a. & & & & \\ \hline b. & & & \\ \hline c. & & & \\ \hline d. & & & \\ \hline e. & & & \\ \hline f. & & & \\ \hline \end{tabular}