Income Statements For Year Ended December 31
	Unadjusted				Adjustments				Adjusted
Revenues
Fees earned	$	18,000				a.			$	25,000
Commissions earned		36,500								36,500
Total revenues	$	54,500								61,500
Expenses
Depreciation expenseComputers		0				b.				1,600
Depreciation expenseOffice furniture		0				c.				1,850
Salaries expense		13,500				d.				15,750
Insurance expense		0				e.				1,400
Rent expense		3,800								3,800
Office supplies expense		0				f.				580
Advertising expense		2,500								2,500
Utilities expense		1,245				g.				1,335
Total expenses		21,045								28,815
Net income	$	33,455							$	32,685

Analyze the statements and prepare the eight adjusting entries a through g that likely were recorded. Note: Answer for a has two entries (i) the $7,000 adjustment for Fees Earned, 30% (or $2,100) has been earned but not billed, and (ii) the other 70% (or $4,900) has been earned by performing services that were paid for in advance.