(10) Presented below is the Trial Balance and Adjusted Trial Balance for Morning Jacket Company on December 31. assignment MORNING JACKET Trial Balance December 31 Dr. Cash $ 2,000 Accounts Receivable 2,800 Before Adjustment Cr. After Adjustment Dr. Cr. $ 2,000 3,800 Prepaid Rent 2,100 1,400 Supplies 1,200 650 Equipment Accumulated depreciation- Equipment Accounts Payable 18,000 18,000 $ 1,300 $ 1,550 2,700 Notes Payable 10,000 2,700 10,000 Interest Payable 140 Salaries and Wages Payable 1,270 Unearned Service Revenue 4,460 3,960 Owner's Capital 7,200 7,200 Owner's Drawings 3,200 3,200 Service Revenue 8,000 9,500 Salaries and Wages Expense 3,860 5,130 Rent Expense 500 1,200 Supplies Expense 550 Depreciation Expense- Equipment 250 Interest Expense 140 Totals $33,660 $33,660 $36,320 $36,320 Instructions a) Prepare in journal form, with explanations, the adjusting entries that explain the changes in the balances from the trial balance to the adjusted trial balance. b) Prepare income statement.