Check Following are two income statements for Alexis Co. for the year ended December 31. The left column is prepared before any adjusting entries are recorded, and the right column includes the effects of adjusting entries. The company records cash receipts and payments related to unearned and prepaid items in balance sheet accounts. ALEXIS CO. Income Statements For Year Ended December 31 Unadjusted Adjusted Revenues Fees earned $24,000 $29.400 Commissions earned 42.500 42.500 Total revenues $66,500 71.900 Expenses Depreciation expense Computers 1.350 Depreciation expensoolice furniture 1,575 salaries expense 12.500 14.705 1,170 Insurance expense 4,500 4.500 Rent expense 432 Office supplies expense 3,000 3,000 Advertising expense Utilities expense 1.250 21250 20.045 Total expenses $45.250 $43,055 Set income Analyze the statements and prepare the eight adjusting entries that likely were recorded. (Note 30% of the $5.400 acustent for Fees Earned has been earned but not billed, and the other 70% has been earned by performing services that were per advance) Journal entry worksheet