Following are two income statements for Alexis Co. for the year ended December 31. The left number column is prepared before adjusting entries are recorded, and the right column is prepared after adjusting entries. The company records cash receipts and payments related to unearned and prepaid items in balance sheet accounts.

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 expenseComputers		0				1,350
Depreciation expenseOffice furniture		0				1,575
Salaries expense		12,500				14,705
Insurance expense		0				1,170
Rent expense		4,500				4,500
Office supplies expense		0				432
Advertising expense		3,000				3,000
Utilities expense		1,250				1,313
Total expenses		21,250				28,045
Net income	$	45,250			$	43,855

Analyze the statements and prepare the seven adjusting entries that likely were recorded. Hint: Entry for a refers to fees that have been earned but not yet billed. None of the entries involve cash.

Record Journal Entry:

Record the adjusting entry for accrued revenues.

Record depreciation on computers.

Record depreciation on office furniture.

Record the adjusting entry related to salaries.

Record the adjusting entry related to insurance.

Record the adjusting entry related to office supplies.

Record the adjusting entry related to utilities.