3T, 4. Prepare Wells Techaicl 2017 and prepare its balance sheet as of December A six-column table for JKL Company follows. The first two columns contain the Problem 3-44 interpreting unadjusted and for of July 31. 2017. The last two columns contain the adjusted trial balance au the company as of July 31, 2017. The last two columns contain the as same date. adjusted triel balances, and preparing fnancial C3 A1 P1 P2 P3 Anotysis Component 89 0 1. Analyse the differences between the unadjusted and adjusted trial balances to determine the amounts in the table's two middle columns. Label each adjustment with a letter a through h vide a short description of each justments that likely were made. Show the results of your analysis by inserting these a 2. Use the information in the adjusted trial balance to prepare the company's (a) income of owner's equity for the year ended July 31, 2017 [Note: J. Logan, Capital at Juy and the current-year withdrawals were $5.000, and () the balance Log ), and the current-year withdrawals were $5,0001, and (b) the balance sheet a sheet a 12017 53.960 5124.96 July 31, 2017 Unadjusted Trial Balance Trial Balance 34,000 14,000 16,000 8,540 84,000 5 34,000 22.000 Accounts recelvable Office supplies Prepaid insurance 2,960 84,000 Office equipment Accum, depreciation- Office equ Accounts payable Interest payable Salaries payable 14,000 9,100 s 20,000 10,000 1,000 7,000 15,000 52,000 Unearned consulting fees 18,000 52,000 Long-4erm notes payable J. Logan, Withdrawals.... Depreciation expense- J. Logan, Capital Consulting fees eamed 5,000 123,240 134,240 Office equip Salaries expense 6,000 74,000 2,200 5,580 14,500 14,000 13,000 67000 1,200 Interest expense .. Insurance expense Rent expense Office supplies expense 14,500 Advertising expense 12,100 $256,340 $256,340 279,240 $279,240