Question: overstated / unerstated Identify the impact on the balance sheet if the following information is not used to adjust the accounts. 1. Supplies consumed totaled

overstated / unerstated Identify the impact on the balance sheet if the overstated / unerstated

Identify the impact on the balance sheet if the following information is not used to adjust the accounts. 1. Supplies consumed totaled $3,000. 2. Interest accrues on notes payable at the rate of $200 per month. 3. Insurance of $450 expired during the month. 4. Plant and equipment are depreciated at the rate of $1,200 per month. 1.Assets2.Liabilities3.Assets4.AssetsandStockholdersEquityandStockholdersEquityandStockholdersEquityandStockholdersEquityby$by$by$by$

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