Beta Alloys made the following adjusting journal entries on December 31, 2017.

REQUIRED:
Classify each adjusting entry as either an accrual adjustment (A) or a cost expiration adjustment (C), and indicate whether each entry increases (+), decreases (ˆ’), or has no effect (NE) on assets, liabilities, shareholders€™ equity, revenues, and expenses. Organize your answer in the following way. The first journal entry has been done for you.

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1. Salaries and Wages Expense 10,000 Salaries and Wages Payable 2. Insurance Expense Prepaid Insurance 10,000 5,000 5,000 3. Interest Receivable 1,000 Interest Revenue 1,000 4. Unearned Rent Revenue 6,000 Rent Revenue 6,000 5. Depreciation Expense Accumulated Depreciation 6. Supplies Expense Supplies 7. Unearned Subscription Revenue Subscription Revenue 20,000 20,000 8,000 8,000 2,000 2,000