A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31, 2013. The last two columns contain the adjusted trial balance as of the same date.

	Unadjusted Trial Balance					Adjusted Trial Balance
Cash	$	41,000				$	41,000
Accounts receivable		14,700					23,400
Office supplies		19,500					2,700
Prepaid insurance		9,590					3,310
Office equipment		91,000					91,000
Accum. DepreciationOffice equip.			$	15,400				$	22,100
Accounts payable				9,450					10,700
Interest payable				0					1,000
Salaries payable				0					8,400
Unearned consulting fees				19,400					15,700
Long-term notes payable				59,000					59,000
Common stock				15,000					15,000
Retained earnings				28,500					28,500
Dividends		5,700					5,700
Consulting fees earned				141,090					153,490
Depreciation expenseOffice equip.		0					6,700
Salaries expense		76,800					85,200
Interest expense		1,900					2,900
Insurance expense		0					6,280
Rent expense		15,200					15,200
Office supplies expense		0					16,800
Advertising expense		12,450					13,700
Totals	$	287,840	$	287,840		$	313,890	$	313,890

rev: 07_09_2014_QC_51223

6.

value: 16.70 points

Required information

2(a-1)

Prepare JKL Company's income statement for the year ended July 31, 2013.

(a-2)

Prepare JKL Company's statement of retained earnings for the year ended July 31, 2013. Note: retained earnings at July 31, 2012, was $28,500, and the current-year dividends were $5,700.

2(b)	Prepare JKL Company's the balance sheet as of July 31, 2013