McKinsey & Company is a world-renowned management consultant firm. Suppose the company started their operation from April 2020. Its trial balance before adjustment on April 30 is as follows McKinsey & Company Trial Balance 30-Apr-21 Debit Credit $84,100 12,000 3.000 3,600 36,000 17,000 Account Title Cash Accounts Receivable Supplies Prepaid Insurance Prepaid Rent Equipment Accounts Payable Notes Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages expense Utilities Expense $19,000 30,000 33,000 80,000 6.000 22.000 12,300 10,000 $184.000 $184.000 Other Data 1. Performed 1-month of services to Citi 2. 1-month's rent has expired. 3. Annual interest rate of 3-month note payable is 18% 4. Annual interest rate of 2-year note payable is 12%. 5. 1-month's insurance has expired. 6. The remaining inventory of supplies is $1,500. 7. The company expects to use the equipment for 17 years. 8. McKinsey & Company paid salaries and wages on April 17, 2021; the next payment of salaries will not occur until May 17, 2021. The employees receive $200 per day. Instructions 1. Prepare appropriate adjusting entries on April 30. 2. Prepare a ledger. 3. Prepare an adjusted trial balance on April 30. 4. Prepare an income statement, owner's equity statement for April and a balance sheet on April 30