Make this information into a balance sheet and a income statement. MAke sure the balance sheet has total assets, total liabilities and stock holders equity for A,B,C,D,E,F Income statement make sure the table has revenues and expenses net income, A,B,C,D,E,F

All of the transactions of Harding Trading Company for the year have been journalized and posted. The following information has been gathered for the adjustment process as of December 31, 2022:

The Supplies account shows a balance of $1,000. A count of supplies revealed $380 on hand.

The $840 premium relating to a oneyear insurance policy was paid on December 1, 2022.

The companys equipment, which was purchased last year, depreciates at a rate of $1,500 per year.

On September 30, 2022, a customer paid $10,500 in advance for services; as of December 31, 2022, services in the amount of $3,150 had been performed for this customer.

Employees are paid $2,900 on Fridays for the 5-day workweek, which ends on that Friday. However, December 31, 2022 falls on a Thursday.

The company has completed $450 of work for customers; the customers have not yet been billed and the related revenue has not been recorded.

Required:

Prepare the adjusting entries required at December 31, 2022.

Analyze each item for its effects on the accounting equation of Harding Trading Company for the year ended December 31, 2022.