X Company, a merchandiser, prepares monthly financial statements. On September 30, its accountant made adjusting entries to record: . - $5,529 of September interest on a bank loan to be paid in October $1,834 of wages that were earned by employees in September but to be paid in October $4,764 of rent and insurance for September that was prepaid on September 1 but had expired $3,965 of depreciation on factory equipment a $2,977 September utility bill received in September, to be paid in October . What would be the effect of these entries on total liabilities in September? E: $10,340 D: $7,774 F: $13,752 A: $3,305 B: $4,395 OC: $5,845 Tries 0/99 Submit