Following are two income statements for Alexis Company 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 Adjustments Adjusted Rent expense Advertising expense Utilities expense Total expenses Net incone 4 Revenues Services revenue Commissions revenue Total revenues Expenses Depreciation expense-Computers Depreciation expense-office furniture Salaries expense Insurance expense office supplies expense $ 24,000 42,500 $ 28,800 42,500 $ 66,500 71,300 0 1,200 0 1,400 12,500 d. 14,460 0 1,040) 4,500 4,500 0 2. 3841 3,000 3,000 1,250 1,306 21,250 $45,250 27,290 $44,010 Analyze the statements and prepare the seven adjusting entries a. through g that likely were recorded. Hint. The entry for a. refers to revenue that has been earned but not yet billed. No adjusting entry involves tash. View transaction list Journal entry worksheet