Problem V: (6 points) Using the words increase (inc), decrease (decr), or no effect (ne), indicate how each of the following adjustments affects a companys accounting equation. Note: no effect must be indicated where appropriate.

Adjustments for accrued revenues:

Total Assets	Total Liabilities	Total Stockholders Equity

• Adjustments for unearned revenues:

Total Assets	Total Liabilities	Total Stockholders Equity

• Adjustments for accrued expenses:

Total Assets	Total Liabilities	Total Stockholders Equity

• Adjustments for prepaid expenses:

Total Assets	Total Liabilities	Total Stockholders Equity

Accounting Check Do each of your answers keep the accounting equation in balance? If your answer is not yes, please go back and check your work.