15. XYZ Services reports the following balance sheet: XYZ Services Balance Sheet 12/31/19 $1,000 1.100 Assets Liabilities Cash $20,000 Account Payable Account Receivable 5,000 Uneamed Revenue Supplies 2,000 Prepaid Insurance Equity Total Current Assets 28,200 Common Stock Retained Earnings Office Equipment 2.000 37.200 Total Liabilities & Equity Total Assets 1.200 24,000 11.100 37200 The balance sheet for XYZ Services is not correct since they have not recorded adjusting entries. The following information is needed to make adjustments: $300 of the prepaid insurance should be expensed, $800 of the supplies should be expensed, S900 of the unearned revenue should be recognized as revenue, and $1,000 of depreciation expense should be recorded for the office equipment Prepare a corrected balance sheet for XYZ Services