2 Required information E4-16 (Algo) Analyzing the Effects of Errors on Financial Statement Items L04-1 (The following information applies to the questions displayed below.) Quinlan-Cohen, Inc., publishers of movie and song trivia books, made the following errors in adjusting the accounts at year-end (December 31) 8. Did not accrue $1,800 owed to the company by another company renting part of the building as a storage facility b. Did not record $15,100 depreciation on the equipment costing $113,000 c. Failed to adjust the Unearned Fee Revenue account to reflect that $1,100 was earned by the end of the year, d. Recorded a full year of accrued interest expense on a $18,000,8 percent note payable that has been outstanding only since November 1 e Falled to adjust Prepaid Insurance to reflect that $740 of insurance coverage had been used, E4-16 Part 1 cos Required: 1-a. Prepare the adjusting journal entry that was made. If any at year-end. (If no entry is made for a transaction/event, select "No journal entry made in the first account field.) View transaction fiat View Journal entry worksheet No Transaction General Journal Debit Credit 1 a No journal entry made 2 b No journal entry made 1-6. Prepare the adjusting journal entry that should have been made at year-end. (Do not round intermediate calculations. If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet