Benner Hair Salan Income Statement (Label) Berner Hair Salan Staternent of Owner's Equity (Label) Benner Hair Salan Balance Sheet (Label) Data for manth-erd adjustments are as folows: a. Expired or used-up insurance, $00. b. Depreciation expense cn equiprnent, $500. c. Wagas acorued or earned since the last payday, 5235 (awed arnd to be paid on the next payday). d. Supplies rernaining at the tend of the manth, $85. Requlred: 1. Complete a work sheat for the month. 2. Journalie the aclusting entries. 3. Frepare an income statement, a statement of owner's equity, and a balance sheet. Assume that no adolionai investments were made during diarch ADJUSTED TRIAL BALANCE CHART OFACCOUNTS Benner Halr salon General Ledger ASSETS 111 Cash 113 Accounts Receivable 115 Supplies 117 Prepaid Insurance 124 Equipment 124.1 Accurmulated Deprecistion, Equipment 125 Ofice Furniture 125.1 Accumulated Deprecistion, Fumiture and Fixtures 128 Truck 126.1 Accurmulated Deprecistion, Truck LIABILITIES 215 Wages Payable 221 Acoounts Payable EQUITY 311 A. Benner, Cappital 312 A. Berner, Drawing REVENUE 411 Sales EXPENSES 511 Wages Expense 512 Rent Expense 513 Advertising Expense 514 Utitities Expense 516 Travel Expense 517 Repsir Experise 533 Insurance Expernse 537 Supplies Expense 541.1 Depreciation Expense, Equipmert 541.2 Depreciztian Expense, Office Fumiture 541.3 Depreciatian Expense, Truck 551 Advertising Expense 631 Miscellanecus Expenses Work Sheet LabelB Expenses For Manth Ended March 31, 20- March 31, 20- Revernue Amount Descrlotions A. Benner, Capital, March 1, 20- A. Danner, Capilal, March 31, 20-- Decrease in Capital Increses in Capital Imvestrnents during March Net lncorme Net Lass Tatal Assats Tatal Expanses Total Liablities Total Liabilities and Owner's Equity Withdrawals for March