X Company, a merchandiser, prepares monthly financial statements. On September 30, its accountant made adjusting entries to record: $5,851 of September interest on a bank loan to be paid in October $1,718 of wages that were earned by employees in September but to be paid in October $4,972 of rent and insurance for September that was prepaid on September 1 but had expired $3,911 of depreciation on factory equipment . a $2,944 September utility bill received in September, to be paid in October What would be the effect of these entries on total equities in September? A: $-7,106 B: $-8,883 OC: $-11,104 OD: $-13,880 OE: $-17,350 OF: $-21,687 Submit Answer Tries 0/99