Problem 3-63A (Algorithmic) Effects of Adjusting Entries on the Basic Accounting Equation Four adjusting entries are shown below. a. Wages Expense 5,000 Wages Payable 5,000 b. Accounts Receivable 14,130 Service Revenue 14,130 c. Rent Expense 3,585 Prepaid Rent 3,585 Unearned Service d. 10,050 Revenue Service Revenue 10,050 Required: CONCEPTUAL CONNECTION: Analyze the adjusting entries and identify their effects on the financial statement accounts. (Note: Ignore any income tax effects.) If an amount box does not require an entry, enter zero "O". Use the minus sign to indicate a decrease. Beginning Retained Transaction Assets Liabilities Common Revenues Expenses Earnings Shares b. C d