2(a-1) Prepare JKL Company's income statement for the year ended July 31. 2(a-2) Prepare JKL Company's statement of owners equity for the year ended July 31. Note: J. Logan, Capital at July 31 of the prior year was $44,000, and the current-year withdrawals were $9,500. 2(b) Prepare JKL Company's the balance sheet as of July 31.

$ Unadjusted Trial Balance 93,920 14,000 17,800 9,340 90,000 $ 25,000 11,100 Cash Accounts receivable Office supplies Prepaid insurance Office equipment Accum. Depreciation-office equip. Accounts payable Interest payable Salaries payable Unearned consulting fees Long-term notes payable 3. Logan, Capital J. Logan, Withdrawals Consulting fees earned Depreciation expense-office equip. Salaries expense Interest expense Insurance expense Rent expense Office supplies expense Advertising expense Totals 28,000 54,000 44,000 Adjusted Trial Balance $ 93,920 23,500 6,000 3,160 90,000 $ 32,000 24,000 2,000 11,000 17,000 54,000 44,000 9,500 189,500 7,000 79,010 3,280 6,180 14,740 11,800 25,410 $ 373,500 $373,500 9,500 169,000 68,010 1,280 14,740 12,510 $ 331,100 $331,100 JKL COMPANY Income Statement For Year Ended July 31 JKL COMPANY Statement of Owner's Equity For Year Ended July 31 J. Logan, Capital, July 31 prior year end J. Logan, Capital, July 31 current year end JKL COMPANY Balance Sheet July 31 $ 0