X Company, a merchandiser, prepares monthly financial statements. On September 30, its accountant made adjusting entries to record: . $5,974 of September interest on a bank loan to be paid in October $1,875 of wages that were earned by employees in September but to be paid in October $4,873 of rent and insurance for September that was prepaid on September 1 but had expired $3,522 of depreciation on factory equipment a $2,611 September utility bill received in September, to be paid in October a shipment of products in September for which customers paid $1,040 in August 6. What would be the effect of these entries on total equities in September? A: $-8,395 Submit Answer B: $-9,486 C: $-10,720 D: $-12,113 E: $-13,688 F: $-15,467 Tries 0/99 7. What would be the effect of these entries on total liabilities in September? A: $4,297 Submit Answer B: $5,027 Tries 0/99 C: $5,882 D: $6,881 E: $8,051 F: $9,420 Communication Blocked