MLS a terest, Prepare adjusting entries Tom analysis of trial balances. (SO 2, 3, 4) AP 3,775 34,100 Prepare all necessary journal entries for Chartreuse in 2014 and 2015 regarding the mcluding adjusting entries. Prepare separate adjusting entries for each note. E3-9 The trial balances before and after adjustment for Lane Company at October 31, 2014, which is the E3-9 The trial balances before and after end of its fiscal year are as follows: Before Adjustment After Adjustment Debit Credit Debit Credit Cash $ 9,100 $ 9,100 Accounts receivable 8,700 9,230 Supplies 2,450 710 Prepaid insurance 2,525 Equipment 34,100 Accumulated depreciation-equipment $ 3,525 $ 5,800 Accounts payable 5.900 5,900 Notes payable 40,000 40,000 Salaries payable 1,125 Interest payable Unearned service revenue 1,600 E. Lane, capital 5,600 5,600 E. Lane, drawings 10,000 10,000 Service revenue 45,000 46,230 Depreciation expense 2,275 Insurance expense 1,250 Interest expense 1,500 2,000 Rent expense 15,000 15,000 Salaries expense 17,000 18,125 Supplies expense 0 1,740 Totals $101,625 $101,625 $106,055 $106,055 500 Instructions Prepare the adjusting entries that were made. Problems 10 The adjusted trial balance for Lane Company is given in E3-9. E3-10 The adin lustructions Prepare Lane Company's income statement, statement of owner's equity, and balance sheet