It is now 30 June and our business is preparing adjustments via a worksheet. Complete the following adjustments in the worksheet (if no adjustment is necessary enter "O" in the relevant box) All answers are numbers which consist only of the digits 0 to 9. Symbols or punctuation marks should NOT be incorporated in answers. Then determine whether owners equity will increase or decrease. Prepaid 12,000 for annual insurance policy on 1 April. Adjustments have been done for April and May 1 Earned 2,000 of Subscriptions Revenue which had already being paid for by the client. 2 3 Work in Progress (for Services) is calculated to be 1,000. (Use accrued revenue) 4 Office Supplies were counted on 30 June. They totalled 4,000 5 Interest on Note Payable is 500. This is payable in July. Worksheet for the month ended 30 June Unadjusted TB Adjustments Adjusted TB Account Dr Ref Dr Cr Dr Cr 26000 Cash At Bank Office Supplies 6000 Prepaid Insurance 10000 ccrued Revenue Interest Payable Unearned Revenue 6500 Note Payable 30000 30000 Owners Capital 15000 Owners Drawings 14000 Service Revenue 24000 38000 Subscriptions Revenue Interest Expense 5500 23000 nsurance Expense alaries Expense 22000 Supplies Expense 7000 Total 113500 113500 Will owners equity increase or decrease