Question: need help Identify the impact on the balance sheet if the following information is not used to adjust the accounts. 1. Supplies consumed totaled $2,970.

Identify the impact on the balance sheet if the following information is not used to adjust the accounts. 1. Supplies consumed totaled $2,970. Interest accrues on notes payable at the rate of $200 per month. 2. 3. Insurance of $502 expired during the month. Plant and equipment are depreciated at the rate of $1,566 per month. 4. V > 1. Assets by $ and Owner's Equity 2. Salaries of $282 are unpaid. Expenses Liabilities Liabilities 3. Rent received in advance totaling $470 has been earned. Revenues Assets 4. Services provided but not recorded total $658. Revenues
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