Use MS Excel to jornalize the input settings presented. As of August 31, the following information was accumulated to prepare the adjustment entries for the Casa de Papel company:

The balance for the supplies account as of August 31 is $ 1,865. Materials on hand as of August 31 are valued at $ 380.

The unearned rent account balance as of August 31 is $ 11,000. According to the receipt, the tenants paid in advance on August 1 for four months.

The wages accrued, but not paid (salaries payable), as of August 31 total $ 4,680.

Fees earned, but not charged, as of August 31 total $ 19,450.

Accumulated depreciation of office equipment is $ 1,800.

In the same MS Word document, or within the Excel document, classify the following items as accrued revenues, accrued expenses, unearned revenue, or prepaid expenses.

Rent received in advance for the rental of an office space

Premium paid for a one year insurance policy

Fee earned but not received

Fee received but not earned

Account for ads that already appeared in the newspaper last month

Payment collected for a service that has not been completed

Rent paid in advance

Salary due, but payable in the next period

In an MS Word document, or within the Excel document, explain briefly and in your own words the difference between the input settings and the inputs that are made to correct errors.