All lancaclions occur on December 3150 Jures Lid for the yellen 31 Dec Journalize the following addusunents Lise them to complete the Worlesheet and Create Financial Statements 8) Your tank loan hes generated $1,300 of interest which you add to the principle of the bank loan b) 9 500 worth of virk which was previously and has now been cmpltct c) You have completed $3,500 worth of work for a contract which will be paid for IN THE FUTURE. DS1,000 ot your prepaid insurance has now been used up Dj There is $3.000 depreciation exarse on the building Your Fruipentas clupireciated by $500 ul.curl of your supplies shows that you have $5,000 worth retraining Notel You may need to create accounts You don't need a reference Numb 2 marks sach-1 if missing explanation curarks kur formati Accounts and Explanation REF DR Dete Income statemevi! Jones Ltd. 31-Dec Balance sheel Jolles Lid. 31-Dec Adustments DR CR Adj trial balance DR CR TOTAL ASSETS Net Incark Tral balannn DR CR 33010 17000 3110 8000 15000 190000 110000 27000 14500 14000 4000 102000 84500 105000 234000 120000 15000 5 mano Cash Bir prepard insurance Bupplies land building accept building equipment BCC. cepreciation -eq AIP Unearted revenue Bank Loan Capital Hrawings Teven salaries ep ut liliee exp Interest exp depreciabon aanso | | insurance expense total abilities Jones Ltd. statement of Owners equity 31-Dec Total Liabilides + OE 7 ms Ouering capital I Investmente + Net income - Drawings Cirsing Capital 5 marks TOTAL NET INCOME 589000 563000 8 mars + 8 marks