E8 The trial balances for Alpha, Inc. are in the separate Excel file. Instructions: 1. Enter the amounts that were debited or credited as adjustments in the adjustments column of the spreadsheet using formulas. The supplies adjustment is completed for you as an example look at the formula as well as the entry. (Hint: You should have six adjusting entries.) 2. Insert and label worksheets for each of the following statements, making each tab a different color. Assume that no additional common stock was issued this year. a. Income statement b. Statement of stockholders' equity. C. Classified balance sheet 3. Prepare the three financial statements in good form, using only references and formulas. Be sure no numbers were typed in! 4. Save your file as Review_YourName and attach it here. 1 2 3 Trial Balance Income Statement Balance Sheet 4 Dr. Cr. Dr. Cr. 5 6 Cash 7 Accounts Receivable 8 Supplies 9 Prepaid Insurance 10 Equipment 11 Accumulated Depreciation 12 Accounts Payable 13 Salaries and Wages Payable 14 Unearned Rent Revenue 15 Common Stock 16 Retained Earnings 17 Dividends 18 Service Revenue 19 Rent Revenue 20 Salaries and Wages Expense 21 Supplies Expense 22 Rent Expense 23 Insurance Expense 24 Depreciation Expense 25 26 Dr. Cr. $ 10,900 8,800 2,500 4,000 16,000 $3,600 5,800 0 1,800 10,000 5,500 2,800 34,000 12,100 17,000 0 10,800 0 0 $72,800 $72,800 Alpha, Inc. Trial Balance December 31, 2021 Adjustments Adjusted Trial Balance Dr. Cr. Dr Cr. $10,900 9,400 2,000 500 2,500 16,000 $4,800 5,800 1,100 800 10,000 5,500 2,800 34,600 13,100 18,100 2,000 2,000 10,800 1,500 1,200 $2,000 $2,000 $75,700 $75,700