Osaga Beach Resort operates a resort complex that specializes in hosting small business and professional meetings. Osaga Beach closes its fiscal year on January 31, a time when it has few meetings under way. At January 31, 2023, the following data are available:

1. A training meeting is underway for 18 individuals from Fashion Design. Fashion Design paid $4,500 in advance for each person attending the 10-day training session. The meeting began on January 28 and will end on February 6.
2. Twenty-one people from Northern Publishing are attending a sales meeting. The daily fee for each person attending the meeting is $200 (charged for each night a person stays at the resort). The meeting began on January 29, and guests will depart on February 2. Northern will be billed at the end of the meeting.
3. Depreciation on the golf carts used to transport the guests' luggage to and from their rooms is $12,110 for the year. Osaga Beach records depreciation yearly.
4. At January 31, Friedrich Catering is owed $1,847 for food provided for guests through that date. This amount is unrecorded. Osaga Beach classifies the cost of food as an "other expense" on the statement of earnings.
5. An examination indicates that the cost of office supplies on hand at January 31, 2023, is $189. During the year, $800 of office supplies was purchased from Supply Depot. The cost of supplies purchased was debited to Office Supplies. No office supplies were on hand on January 31, 2022.

1. Prepare adjusting entries at January 31 for each of these items.

a.

Jan. 31	Accounts PayableAccounts ReceivableCashService ExpenseService RevenueUnearned Service Revenue	- Select -
	Accounts PayableAccounts ReceivableCashService ExpenseService RevenueUnearned Service Revenue		- Select -
	(Record earned revenue)

b.

Jan. 31	Accounts PayableAccounts ReceivableCashService ExpenseService RevenueUnearned Service Revenue	- Select -
	Accounts PayableAccounts ReceivableCashService ExpenseService RevenueUnearned Service Revenue		- Select -
	(Record earned revenue)

c.

Jan. 31	Accumulated DepreciationCashDepreciation ExpenseDepreciation PayableGolf EquipmentGolf Equipment Expense	- Select -
	Accumulated DepreciationCashDepreciation ExpenseDepreciation PayableGolf EquipmentGolf Equipment Expense		- Select -
	(Record depreciation expense)

d.

Jan. 31	Accounts PayableAccounts ReceivableCashOther ExpenseOther Revenue	- Select -
	Accounts PayableAccounts ReceivableCashOther ExpenseOther Revenue		- Select -
	(Record accrued expense for food)

e.

Jan. 31	Accounts PayableAccounts ReceivableCashSuppliesSupplies ExpenseSupplies Payable	- Select -
	Accounts PayableAccounts ReceivableCashSuppliesSupplies ExpenseSupplies Payable		- Select -
	(Record office supplies used)

2. By how much would net income be overstated or understated if the accountant failed to make the adjusting entries?

Overstated or Understated by $ ....