X Company, a merchandiser, prepares monthly financial statements. On April 30, its accountant made adjusting entries to record:

• $5,845 of April interest on a bank loan to be paid in May
• $1,731 of wages that were earned by employees in April but to be paid in May
• $4,802 of rent and insurance for April that was prepaid on April 1 but had expired
• $3,920 of depreciation on factory equipment
• a $2,622 April utility bill received in April, to be paid in May
• a shipment of products in April for which customers paid $1,270 in March

What would be the effect of these entries on total equities in April?

A: $-1,361 B: $-1,973 C: $-2,861 D: $-4,148 E: $-6,015 F: $-8,722

What would be the effect of these entries on total liabilities in April?

A: $5,574 B: $6,522 C: $7,631 D: $8,928 E: $10,446 F: $12,222