A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31, 2008. The last two columns contain the adjusted trial balance as of the same date.

Required
Analyze the differences between the unadjusted and adjusted trial balances to determine the eight adjustments that likely were made. Show the results of your analysis by inserting these adjustment amounts in the table’s two middle columns. Label each adjustment with a letter a through h and provide a short description of it at the bottom of the table.

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Unadjusted Trial Balance Adjustments Adjusted Trial Balance Cash Accounts receivable Office supplies $ 34,000 $ 34,000 14,000 22,000 16,000 2,000 Prepaid insurance 8.540 2,960 Office equipment.. 84,000 84.000 Accum. depreciation- Office equip $ 14,000 $ 20,000 Accounts payable Interest payable 9,100 10,000 0 1,000 Salaries payable Unearned consulting fees 0 7,000 18,000 15,000 Long-term notes payable 52,000 52,000 J. Logan, Capital 40,000 40,000 J. Logan, Withdrawals 5.000 5,000 Consulting fees earned 123,240 134,240 Depreciation expense- Office equip 0 6,000 Salaries expense 67,000 74,000 Interest expense 1,200 2,200 Insurance expense 0 5,580 Rent expense.. 14,500 14,500 Office supplies expense 0 14,000 Advertising expense... 12,100 13.000 Totals. $256,340 $256,340 $279,240 $279,240