Flonida Afflantic ACG 2021 00 Chapter 3 7 Total revenues 66,500 2,500 Deprecsation expense-Computers 0 1,500 0 1,750 1.5 furniture Salanes expense 12,500 4.950 Insurance expense Rent expense omce supplies expense Advertising expense Utities expense 0 1,300 4,500 4,500 0 480 3000 3,000 1,250 1,320 Hint 28,800 Total expenses 21,250 Net income s 45.250 s 43.700 Analyze the statements and prepare the eight adjusting entries that likely were recorded. (Note 30% of the $6,000 adustment for Fees Earned has been earned but not billed, and the other 70% has been earned by performing services that were paid for in advance) Type here to search O B Flonida Afflantic ACG 2021 00 Chapter 3 7 Total revenues 66,500 2,500 Deprecsation expense-Computers 0 1,500 0 1,750 1.5 furniture Salanes expense 12,500 4.950 Insurance expense Rent expense omce supplies expense Advertising expense Utities expense 0 1,300 4,500 4,500 0 480 3000 3,000 1,250 1,320 Hint 28,800 Total expenses 21,250 Net income s 45.250 s 43.700 Analyze the statements and prepare the eight adjusting entries that likely were recorded. (Note 30% of the $6,000 adustment for Fees Earned has been earned but not billed, and the other 70% has been earned by performing services that were paid for in advance) Type here to search O B