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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,

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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 statement Por Year Ended December 31 Dadjusted Adres Adjusted Revenue Services revenue $ 34,000 5 31/200 Comissions revenue 427.500 42,500 Total revenues 5 66,500 73,700 Expenses Depreciation expense-Computers 1,000 Deprecation expenne-office furniture 2.100 salaries exponse 12,500 15,400 Insurance expense Mont expense 1,500 4,500 ottice supplies expense 576 Advertising expense 3,000 3,000 Utilities expense 1.250 1.33 Total expenses 21250 30110 Het Income 5,90 0 doo 1,560 0 1 Record the adjusting entry for accrued revenues, 2 Record depreciation on computers. 3 Record depreciation on office furniture. 4 Record the adjusting entry related to salaries. 5 Record the adjusting entry related to insurance. Credit 6 Record the adjusting entry related to office supplies. 7 Record the adjusting entry related to utilities. Note : = journal entry has been entered Record the adjusting entry for accrued revenues. Note: Enter debits before credits. Event General Journal Debit Credit a Record entry Clear entry View general Journal Record depreciation on computers. Note: Enter debits before credits. General Journal Debit Event b Credit Record entry Clear entry View general journal Record depreciation on office furniture. Note: Enter debits before credits Event General Journal Dobit Credit

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