Using the Table Below, Indicate the Impact of the Following

Using the table below, indicate the impact of the following errors made during the adjusting entry process. Use a "+" for overstatements, a "-" for understatements, and a "0" for no effect. The first one is provided as an example.


$\begin{array}{|c|l|c|c|c|c|c|}\hline &{\text { Error }} & \text { Revenues } & \text { Expenses } & \text { Assets } & \text { Liabilities } & \text { Equity } \\\hline \text { Ex. } & \begin{array}{l}\text { Did not record depreciation } \\\text { for this period }\end{array} & 0 & - & + & 0 & + \\\hline \text { 1. } & \begin{array}{l}\text { Did not record unpaid } \\\text { telephone bill }\end{array} \\\hline 2 . & \begin{array}{l}\text { Did not adjust unearned } \\\text { revenue account for revenue } \\\text { earned this period. }\end{array} \\\hline 3 . & \begin{array}{l}\text { Did not adjust shop supplies } \\\text { for supplies used this period }\end{array} \\\hline 4 . & \begin{array}{l}\text { Did not accrue employee } \\\text { salaries for this period }\end{array} \\\hline 5 . & \begin{array} { l } \text { Recorded rent expense owed } \\\text { with a debit to insurance } \\\text { expense and a credit to rent } \\\text { payable }\end{array}\\\hline\end{array}$