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. Adjusted $ 29,400 42,500 71,900 Income Statements For Year Ended December 31 Unadjusted Adjustments Revenues Services revenue $ 24,000 a. Commissions revenue 42,500 Total revenues $ 66,500 Expenses Depreciation expense-Computers Depreciation expense-Office furniture Salaries expense 12,500 d. Insurance expense Rent expense 4,500 Office supplies expense Advertising expense 3,000 Utilities expense 1,250 Total expenses 21,250 Net income $ 45,250 1,350 1,575 14,705 1,170 4,500 432 3,800 1,313 28,645 $ 43,855 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 cash. View transaction lit Journal entry worksheet 1 2 3 4 5 6 7 Record the adjusting entry for accrued revenues, Note: Enter debits before credits Event General Journal Debit Credit Journal entry worksheet 1 2 3 4 5 6 7 Record the adjusting entry related to salaries. Note: Enter debits before credits. Event General Journal Debit Credit d Record entry Clear entry View general journal Journal entry worksheet Record the adjusting entry related to insurance. Note: Enter debits before credits. Event General Journal Debit Credit Record entry Clear entry View general journal Jours entry worksheet