Any assistance with impact on income statement please :)

GLO301 - Based on the... LO A1, P1, P3 The unadjusted trial balance of the Med Billing Company as of December 31, 2019 is found on the trial balance tab. The following information is required to prepare the necessary adjusting entries for the Med Billing Company. 1) The balance in Prepaid insurance represents a 24-month policy that went into effect on December 1, 2019. Review the unadjusted balance in Prepaid insurance, and prepare the necessary adjusting entry, if any. 2) Based on a physical count, supplies on hand total $3.900. Review the unadjusted balance in Supplies, and prepare the necessary adjusting entry. if any. 3) The equipment is expected to have a 5-year useful life, and be worth about $9,000 at the end of five years. Review the unadjusted balance in Accumulated depreciation, and prepare the necessary adjusting entry to record the monthly depreciation, if any. 4) On December 26. the client paid a $6,000 60-day fee in advance, covering December 27 to February 24. Review the unadjusted balance in Unearned Consulting Revenue. and prepare the necessary adjusting entry. if any. 6) Med Billing's employee earns $120 per day for a five-day workweek beginning on Monday and ending on Friday. The employee was last paid on Friday, December 26. Review the unadjusted balance in Salaries expense, and prepare the necessary adjusting entry, if any. 6) In the second week of December, Med Billing agreed to provide 30 days of consulting services to a local fitness club for a fixed fee of $3,900. The terms of the initial agreement call for Med Billing to provide services from December 12, 2019, through January 10, 2020, or 30 days of service. The club agrees to pay Med Billing $3,900 on January 10. 2020, when the service period is complete. Review the unadjusted balance in Consulting revenue, and prepare the necessary adjusting entry. if any. Requirement General General St Owner Impact on Joumal Trial Balance Income Ledger Statement Equity Balance Sheet income Use the drop-downs to select the accounts properly included on the income statement. The unadjusted or adjusted balances will appear for each account, based on your selection. Adjusted Med Billing Income Statement For Month Ended December 31, 2019 Revenues: Consulting revenue 10,400 Rental revenue 550 Total revenues S 10,950 Expenses Salaries expense 2.400 Insurance expense 225 Rent expense 1,250 Supplies expense 1,300 Utilities expense 355 0 Total expenses 5,530 5,420 X Answer is not complete. Requirement General General Trial Balance Income St Owner Balance Sheet Impact on Joumal Ledger Statement Equity income For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab. (Hint: Select unadjusted on the dropdown.) Adjusted Account affecting the: Impact on Adjusting entry related to: Income statement Balance Sheet net income Insurance Insurance expense Prepaid insurance Supplies Supplies expense Supplies Depreciation Depreciation expense - Equipment Equipment X Fees collected in advance Consulting revenue Salaries Salaries expense Work performed in advance Salaries payable X Total impact on income due to adjustments 0 0