Complete the worksheet for the month. Complete this question by entering your answers in the tabs below. Journalize the adjusting entries. Journal entry worksheet Note: Enter debits before credits. Analyze If the adjusting entries had not been made for the month, by what amount would net income be ov Complete this question by entering your answers in the tabs below. Prepare a statement of owner's equity. No additional investments were made by the owner during the Prepare an income statement. Shayla Green owns Creative Designs. The trial balance of the firm for January 31, 20X1, 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, 20X1; inventory of supplies on January 31,201, is $1,300. b. The prepaid advertising contract was signed on January 1, 20X1, and covers a four-month period. c. Rent of $1,800 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, by what amount would net income be overstated or understated? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Journalize the adjusting entries. Journal entry worksheet Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Post the adjusting entries. Complete this question by entering your answers in the tabs below. Prepare a balance sheet