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Current Attempt in Progress Wang Company accumulates the following adjustment data at December 31. For...

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Accounting

Current Attempt in Progress Wang Company accumulates the following adjustment data at December 31. For each item, indicate (1) the type of adjustment (prepaid expense, unearngd revenue, accrued revenue, or accrued expense) and (2) the status of the accounts before adjustment (overstated or understated). (E)ter your answers in alphobetical order.) b. Store supplies of $160 are on hand. The supplies account shows a $1,900 balance. c. Utility expenses of $275 are unpaid. d. Services performed of $490 collected in advance. e. Salaries of $620 are unpaid. f. Prepaid insurance totaling $400 has expired.

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