Check my work Paula Judge owns Judge Creative Designs. The trial balance of the firm for January 31, 2019, the first month of operations, is

Check my work Paula Judge owns Judge Creative Designs. The trial balance of the firm for January 31, 2019, the first month of operations, is shown below. End-of-the-month adjustments must account for the following items: a. Supplies were purchased on January 1, 2019; inventory of supplies on January 31, 2019, is $1,400. b. The prepaid advertising contract was signed on January 1, 2019, and covers a four-month period. c. Rent of $1,900 expired during the month. d. Depreciation is computed using the straight-line method. The equipment has an estimated useful life of 10 years with no salvage value. Required: 1. Complete the worksheet for the month. 2. Prepare an income statement, statement of owner's equity, and balance sheet. No additional investments were made by the owner during the month. 3. Journalize and post the adjusting entries. Analyze If the adjusting entries had not been made for the month, would net income be overstated or understated? Complete this question by entering your answers in the tabs below. Reg 2 Inc Stmt Reg 2 Stmt of OE Reg 2 Bal Sheet Reg 3 Gen Journal Analyze Reg 1 Req 3 Ledgers Complete the worksheet for the month. amework M Conect Samed Help Save & Exit Submit Check my work Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Inc Stmt Reg 2 Stmt of OE Reg 2 B Sheet Reg 3 Gen Journal Req3 Ledgers Analyze Complete the worksheet for the month. JUDGE CREATIVE DESIGNS Worksheet Month Ended January 31, 2019 Adjustments Adjusted Trial Balance Debit Credit Debit Credit Account Name Income Statement Debit Credit $ Trial Balance Debit Credit 36,100 13,200 8,950 10,800 22.800 28.800 Cash Accounts Receivable Supplies Prepaid Advertising Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Paula Judge, Capital Paula Judge Drawing Fees Income Advertising Expense 16,150 60,600 7,600 63,500 Prev 1 of 1 I!! Next Saved Help Save & Exit Submit Check my work Account Name Houses Debit Credit ngoma MUST balance Debit Credit Debit Credit $ na Balance Debit Credit 36,100 13.200 8.950 10.800 22,800 28,800 Cash Accounts Receivable Supplies Prepaid Advertising Prepaid Rent Equipment Accumulated Depreciation-Equipment Accounts Payable Paula Judge, Capital Paula Judge Drawing Fees Income Advertising Expense Depreciation Expense Equipment Rent Expense Salaries Expense Supples Expense Unities Expense Sub Tots 16.150 60,100 7,600 63,500 10,300 1,700 140,250 $ $ 140.250 Totals Rogaine > Prev 1 of 1 !!! Next Saved Complete this question by entering your answers in the tabs below. Req 1 Req 2 Inc Stmt Req 2 Stmt of OE Req 2 Bal Sheet Reg 3 Gen Journal Reg 3 Ledgers Analyze Prepare an income statement. JUDGE CREATIVE DESIGNS Income Statement Month Ended January 31, 2019 Revenue Expenses Total expenses Prev 1 of 1 Next : Req1 Req 2 Inc Stmt Req 2 Stmt of OE Req 2 Bal Sheet Req 3 Gen Journal Req 3 Ledgers Analyze Prepare a statement of owner's equity. JUDGE CREATIVE DESIGNS Statement of Owner's Equity Month Ended January 31, 2019 Homework Saved 2 3 4 Prepare the adjusting entry for depreciation. Note: Enter debits before credits. Date General Journal Debit Credit Jan 31, 2019 Record entry Clear entry View general journal Saved Help Req 1 Reg 2 Inc Stmt Reg 2 Stmt of OE Req 2 Bal Sheet Reg 3 Gen Journal Req 3 Ledgers Analyze Post the adjusting entries. Account No. 121 Balance Credit Supplies Date Debit Jan 1, 2019 Jan 31, 2019 Account No. 130 Balance Credit Prepald Advertising Date Debit Jan 01, 2019 Jan 31, 2019 Prepaid Rent Account No. 131 Accumulated Depreciation- Equipment Dato Debit Account No. 142 Date Debit Credit Balance Credit Balance Jan 1, 2019 Jan 31, 2019 Jan 31, 2019 Account No. 519 Supplies Expense Date Debit Jan 31, 2019 Account No.517 Balance Credit Advertising Expense Date Debit Jan 31, 2019 Credit Balance Account No. 523 Rent Expense Date Debit Jan 31, 2019 Account No. 520 Balance Credit Depreciation Expense Equipment Date Debit Jan 31, 2019 Credit Balance Prev 1 of 1 Next MacBook Hel during the month. 3. Journalize and post the adjusting entries. Analyze If the adjusting entries had not been made for the month, would net income be overstated or understated? Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Inc Stmt Reg 2 Stmt of OE Req 2 Bal Sheet Reg 3 Gen Journal Reg 3 Ledgers Analyze If the adjusting entries had not been made for the month, would net income be overstated or understated? Net income