Required information

E$4-15($Algo$)$ Recording Adjusting Entries and Preparing an Adjusted Trial Balance $[$LO $4-2,4-3]$

$[$The following information applies to the questions displayed below.$]$

North Star prepared the following unadjusted trial balance at the end of its second year of operations ending

December $31.$

Other data not yet recorded at December $31$:

a$.$ Rent expired during the year, $$1,100.$

b$.$ Depreciation expense for the year, $$1,200.$

c$.$ Utilities used, unrecorded, and unpaid $$8,000.$

d$.$ Income tax expense, $$290.$

E$4-15($Algo$)$ Part $1$

Required:

Indicate the accounting equation effects of each required adjustment. $($Enter any decreases to Assets, Liabilities, or Stockholders'

Equity with a minus sign.$)$