Use this information to answer the following questions (20 points) You are review XYZ Co's adjusted trial balance for the year ended 12/31/2021 You notice several motion, Incorrente deboral information during your review, some of which are noted below. For each one you to determine what effect, if any, these terms would live on the stated competes of XYZ Co's 2021 Income Statement and 12/31/2021 Balance Sheet if they are not corrected or updated. As an awer IN, Oor U) must be provided in each individual square. Do not include dollar mounts (20 points) Use the following code for your answers N= No Effect O = Overstated U = Understated Copy the table below to answer in the given table format: 12/31/2021 12/31/2021 12/31/2021 12/31/2021 Net 12/31/2021 12/31/2021 Assets Liabilities Equity Income Revenue Expenses Additional Information $2000 interest on a note payable was not yet paid or recorded during 2021. $ 10,000 of the paid and recorded rent expense pertains to the year 2022. No further entries have been recorded $4,000 in cash divided declared and paid in December 2021 were unrecorded. During 2021, the company received $6,500 cash advance from a customer for merchandise to be manufactured and shipped in 2022. ca Save and Submit to save and submit. Click Save All Answers to save all answers. recorded for 000. Theo bruerent med dug the yeon mote receivable was not yet collected or recorded $10,000 of the rent revenue collected and recorded as revenge this year pertains to 2022. No further entries have been recorded $12,000 2 year insurance policy with an effective date of 08/1/21 was purchased and recorded as prepaid insurance. No further entries have been recorded. Employees salaries of $15,000 for the month of December have not yet been paid or recorded. Supplies purchased during the year for $1,000 cash were recorded by a debit to supplies expense and credit to cash. Only $200 of supplies remain at the end of the year, but no further entries have been recorded. TT TT Paragraph Arial 3 (12pt) V - T- Save and Submit to save and submit. Click Save All Answers to save all answers