ALEXIS cO. Income Statements For Year Ended December 31 Unadjusted Adjustments Adjust Revenues Fees earned Commissions earned Total revenues $24,000 42,500 $66,500 $30,600 42,500 73,100 Expenses Depreciation expense-Computers Depreciation expense-office furniture Salaries expense Insurance expense Rent expense Office supplies expense Advertising expense Utilities expense Total expenses b. 1,650 1,925 15,195 1,430 4,500 528 3,000 1.327 12,50 4,500 3,000 1,250 21,250 Net income $45,250 $43,545 Analyze the statements and prepare the eight adjusting entries a through g that likely were recorded. Note: Answer for a has two entries 30% of (i) the $6,600 adjustment for Fees Earned has been earned but not billed, and (ii) the other 70% has been earned by performing services that were paid for in advance. Journal entry worksheet Record the adjusting entry for accrued revenues. Note: Enter debits before credits. ansaction General Journal Debit Credit