M Ino subject tpx Following are two income statements for Alexis Co. for the year ended December 31. The left column is prepared before any adjusting entries are recorded, and the right column includes the effects of adjusting entries. The company records cash items in balance sheet accounts receipts and payments related to unearned and prepaid ALEXIS CO Income Statements For Year Ended December 31 Unadjusted Adjusted Revenues Fees eaned Commissions eaned $24,000 S 29,400 42.500 42,500 Total revenues 66,500 71,900 Expenses Depreciation expense- Computers Depreciation expense Office furniture Salaries expense Insurance expense Rent expense Office supplies expense Advertising expense 0 1,350 0 1,575 2,500 14,705 01.170 4,500 4.500 0 432 3,000 3,000 1,250 1,313 Utlites expense Total expenses 21,250 28,045 Net income $45,250 $43,855 Analyze the statements and prepare the ght a sting entries that ikely were recorded. Note 30% of the S5400 adjustment for Fees Earned has been earned but not billed, and the other 70% has been earned by performing services that were paid for in advance ) View transaction list Journal entry worksheet Record the adjusting entry for accrued revenues. Note: Enter debits before credits Date General Journal Debit Dec. 31