Question: Please help me fill out this chart, I am a bit lost. TIA! Wang Company accumulates the following adjustment data at December 31. For each

Please help me fill out this chart, I am a bit lost.

Please help me fill out this chart, I am a bit lost. TIA!

Wang Company accumulates the following adjustment data at December 31. For each item, indicate (1) the type of adjustment (prepaid expense, unearned revenue, accrued revenue, or accrued expense) and (2) the status of the accounts before adjustment (overstated or understated). (Enter your answers in alphabetical order.)

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