Given the Table Below,indicate the Impact of the Following Errors

question 318

Essay

Given the table below,indicate the impact of the following errors made during the adjusting entry process.Use a "+" followed by the amount for overstatements,a "-" followed by the amount for understatements,and a "0" for no effect.The first one is done as an example.
Ex.Failed to recognize that $600 of unearned revenues,previously recorded as liabilities,had been earned by year-end.
1.Failed to accrue interest expense of $200.
2.Forgot to record $7,700 of depreciation on machinery.
3.Failed to accrue $1,300 of revenue earned but not collected.

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Definitions:

Make-table Query

A type of database query that creates a new table and populates it with data selected from one or more existing tables.

Append Query

A database query that adds the results of a selection to an existing dataset, rather than creating a new one.

Records

An item or collection of data.

Validation Rules

Criteria that are set up in a database or input form to ensure that only valid data is entered.