Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Identify the effect that omitting each of the following items would have on the balance sheet. Clear AllNo adjustment was made for supplies used up during the month. Wages are paid every Friday for the 5-day work week. The month ended on Monday and no adjustment was recorded. Interest earned on a note receivable was not recorded. Services provided to customers on the last day of the month were not billed. Liabilities overstated and stockholders' equity understatedAssets and stockholders' equity understatedAssets overstated and stockholders' equity understatedAssets and stockholders' equity overstatedAssets understated and stockholders' equity overstated Liabilities understated and stockholders' equity overstated

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31