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The trial balances before and after adjustment for Pharoah Company at October 31, 2021, which is the end of its fiscal year, are as follow Before Adjustment Debit Credit $9,100 After Adjustment Debit Credit Cash $9,100 Accounts Receivable 8,805 9,385 Supplies 2,580 660 Prepaid Insurance 3,835 2,550 34,315 Equipment 34,315 Accumulated Depreciation-Equipment $3,430 $5,665 5.985 Accounts Payable 5,985 Notes Payable 39,890 39,890 Salaries Payable 1.210 0 405 Interest Payable 890 Unearned Revenue 1,635 5,710 5,710 E.Pharoah, Capital 10,040 10,040 E. Pharoah, Drawings 46,060 47,385 Service Revenue Depreciation Expense 2.235 1,285 Insurance Expense E.Pharoah, Capital 890 1,035 5.710 E. Pharoah, Drawings 5.710 10,040 10,040 Service Revenue 46,060 47,385 Depreciation Expense 2,235 Insurance Expense 1,285 Interest Expense 1.215 1,620 Rent Expense 15,445 15,445 Salaries Expense 17,375 18,585 Supplies Expense 1,920 Totals $102,710 $102,710 $107.140 $107,140 Date Account Titles and Explanation Debit Oct. 31 Credit (To accrue revenue for services performed but not billed or collected) Oct. 31 (To record supplies used) Oct. 31 (To record insurance expired.) Oct. 31 (To record depreciation expense.) Oct. 31 (To record accrued salaries.) Oct. 31 com com/courses/32065/assignments/3240816 Prepare Pharoah Company's income statement. * - o Homework PHAROAH COMPANY Income Statement Prepare Pharoah Company's statement of owner's equity. (List items that increase owner's equity first.) PHAROAH COMPANY Statement of Owner's Equity assignments/3240816 PHAROAH COMPANY Balance Sheet Assets Liabilities and Owner's Equity