IV. An unadjusted trial balance dated December 31, 2019, follows. Based the given adjusting entries, prepare Adjusted Trial Balance & Income Statement for the enterprise (20 points, I point each) Kea Hensley Enterprises, Inc. General Journal (Adjusting Entries) 2019 4400 31 4,400 Dec (1) Accounts Receivable Studio Revenue Earned To record and studio revenue earned in Deo 700 700 250 31 Supplies Expense Studio Supplies To record studio supplies used in Dec. 31 Insurance Expense Unexpired Insurance To record December insurance expense (3) 250 2,000 (4) 31 2,000 1,500 (5) 31 1,500 Studio Rent Expense Prepaid Studio Rent To record studio rent in December Depreciation Expense: Recording Equipment Accumulated Depreciation: Rec. Eq. To record depreciation expense in Dec. Interest Expense Interest Payable To record accrued interest expense in Dec. 31 120 120 (7) 31 3,600 3,600 (8) 31 540 Uncanned Studio Revenue Studio Revenue Earned To record advance collections eamed in Dec. Salaries Expense Salaries Payable To record salaries accrued in Dec. Income Taxes Expense Income Taxes Payable To record income taxes accrued in Dec. 540 (9) 31 1,700 1,700 (M75 870) IV. An unadjusted trial balance dated December 31, 2019, follows. Based the given adjusting entries, prepare Adjusted Trial Balance & Income Statement for the enterprise (20 points, I point each) Kea Hensley Enterprises, Inc. General Journal (Adjusting Entries) 2019 4400 31 4,400 Dec (1) Accounts Receivable Studio Revenue Earned To record and studio revenue earned in Deo 700 700 250 31 Supplies Expense Studio Supplies To record studio supplies used in Dec. 31 Insurance Expense Unexpired Insurance To record December insurance expense (3) 250 2,000 (4) 31 2,000 1,500 (5) 31 1,500 Studio Rent Expense Prepaid Studio Rent To record studio rent in December Depreciation Expense: Recording Equipment Accumulated Depreciation: Rec. Eq. To record depreciation expense in Dec. Interest Expense Interest Payable To record accrued interest expense in Dec. 31 120 120 (7) 31 3,600 3,600 (8) 31 540 Uncanned Studio Revenue Studio Revenue Earned To record advance collections eamed in Dec. Salaries Expense Salaries Payable To record salaries accrued in Dec. Income Taxes Expense Income Taxes Payable To record income taxes accrued in Dec. 540 (9) 31 1,700 1,700 (M75 870)