X Company, a merchandiser, prepares monthly financial statements. On September 30, its accountant made adjusting entries to record: $5,605 of September interest on a bank loan to be paid in October $1,616 of wages that were earned by employees in September but to be paid in October $4,524 of rent and insurance for September that was prepaid on September 1 but had expired $3,853 of depreciation on factory equipment a $2,710 September utility bill received in September, to be paid in October . . What would be the effect of these entries on total assets in September? OA: $-4,470 B: $-5,230 C: $-6,120 D: $-7,160|| OE: $-8,377|| OF: $-9,801