Your free access has expired. Subscribe to unlock the answers. SUBSCRIBE NOW $14.95 monthly home / study / business / accounting / questions and answers / after the accounts have been adjusted at january ... Question: After the accounts have been adjusted at January 3... After the accounts have been adjusted at January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $342,820 Harrison Taylor, Drawing 14,480 Fees Earned 124,230 Wages Expense 42,540 Rent Expense 13,460 Supplies Expense 14,200 Miscellaneous Expense 2,340 Journalize the four entries required to close the accounts. If an amount box does not require an entry, leave it blank. Jan. 31 Jan. 31 Jan. 31 Jan. 31 For the year ending December 31, Beard Clinical Supplies Co. mistakenly omitted adjusting entries for (1) $8,120 of unearned revenue that was earned, (2) earned revenue that was not billed of $9,760, and (3) accrued wages of $5,830. Indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income. (a) Revenues were understated by $. (b) Expenses were understated by $. (c) Net income was understated by $.