Beta Alloys made the following adjusting journal entries on December 31, 2011. Required:Classify each adjusting entry as

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Beta Alloys made the following adjusting journal entries on December 31, 2011.

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Required:Classify each adjusting entry as either an accrual adjustment (A) or a cost expiration adjusting (C), and indicate whether each entry increases (+), decreases (???), 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.Entry Classification Assets Liabilities Shareholders' Equity Revenues Expenses(1) A NE + ??? NE +

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