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Where I am having the problem is on the "Impact on Income?" The other parts of this problem seem to be right, just need help here so hopefully the message, "Answer is not complete will disappear off of the page for Impact on net income?" Thank you.

Still having problems finishing up this page regarding the Impact on net income. I figured out some of the answers except the Fees collected in advance (consulting revenue and unearned consulting revenue)? Also Salaries (salaries expense and salaries payable) Not sure if it will result in a Net income before adjustments or Net income after adjustments? Message is stating "Answer is not complete."

Here is the photo after I figured out some of answers

Joumal Ledger Statement Equity Balance Sheet impact o income For each adjustment, indicate the income statement and balance sheet account affected, and the impa income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net adjustments can be found on the income statement tab. (Hint: Select unadjusted on the dropdown.) Adjusted Impact on net income Account affecting the: Adjusting entry related to: Income statement Balance Sheet Insurance Insurance expense Prepaid insurance Supplies Supplies expense Supplies Depreciation expense - Depreciation Equipment Accumulated depreciation - Equipment Fees collected in advance Consulting revenue Unearned consulting revenue Salaries Salaries expense Salaries payable Work performed in advance Consulting revenue (Accounts receivable Total impact on income due to adjustments Net income before adjustments: Net income after adjustments: 2,440 5 2.440 Balance Sheet GLO301 - Based on the... LO A1, P1, P3 The unadjusted trial balance of the Fashion First Company as of December 31, 2019 is found on the trial balance tab. The following information is required to prepare the necessary adjusting entries for the Fashion First Company. 1) The balance in Prepaid insurance represents a 24-month policy that went into effect on December 1, 2019. Review the unadjusted balance in Prepaid insurance, and prepare the necessary adjusting entry, if any. 2) Based on a physical count, supplies on hand total $4,500. Review the unadjusted balance in Supplies, and prepare the necessary adjusting entry, if any. 3) The equipment is expected to have a 5-year useful life, and be worth about $9,000 at the end of five years. Review the unadjusted balance in Accumulated depreciation, and prepare the necessary adjusting entry to record the monthly depreciation, if any. 4) On December 26, the client paid a $8,400 60-day fee in advance, covering December 27 to February 24. Review the unadjusted balance in Unearned Consulting Revenue, and prepare the necessary adjusting entry, if any. 5) Fashion First's employee earns $110 per day for a five-day workweek beginning on Monday and ending on Friday. The employee was last paid on Friday, December 26. Review the unadjusted balance in Salaries expense, and prepare the necessary adjusting entry, if any. 6) In the second week of December, Fashion First agreed to provide 30 days of consulting services to a local fitness club for a fixed fee of $3,660. The terms of the initial agreement call for Fashion First to provide services from December 12, 2019, through January 10. 2020. or 30 days of service. The club agrees to pay Fashion First $3,660 on January 10, 2020, when the service period is complete. Review the unadjusted balance in Consulting revenue, and prepare the necessary adjusting entry, if any. Requirement General Journal General Ledger Trial Balance Income Statement St Owner Equity Balance Sheet Impact on income For transactions 1-6, review the unadjusted balance from the Trial Balance and prepare the adjusting entry necessary to correctly report the revenue earned or the expense incurred. After adjusting the accounts, review the financial statements for accuracy. Fashion First Trial Balance December 31, 2019 Account Title Debit Credit Cash $ 17 Accounts receivable 7,835 2,440 4,500 7,475 39,000 7 500 Supplies Prepaid insurance Equipment Accumulated depreciation - Equipment Accounts payable Salaries payable Unearned consulting revenue J.Byrnes Capital J.Byrnes Withdrawals Consulting revenue Rental revenue 4 Depreciation expense - Equipment 12,200 330 7,700 36,000 1,100 11,640 350 500 Salaries expense Insurance expense Rent expense Supplies expense Utilities expense 2,200 325 1,450 1,500 395 PION of 1 Accounts receivable 2,440 4,500 7,475 39,000 500 12,200 330 7,700 36,000 Supplies Prepaid insurance Equipment Accumulated depreciation - Equipment Accounts payable Salaries payable Unearned consulting revenue J. Byrnes Capital J. Byrnes Withdrawals Consulting revenue Rental revenue Depreciation expense - Equipment Salaries expense Insurance expense Rent expense Supplies expense Utilities expense 1,100 11,640 350 500 2,200 325 1,450 1,500 395 $ Total S 68,720 $ 68,720 balances will appear for each account, based on your selection. Adjusted Fashion First Income Statement For Month Ended December 31, 2019 Revenues: Consulting revenue * 11,640 350 Rental revenue Total revenues $ 11,990 Expenses: Salaries expense Rent expense 2,200 1,450 395 Utilities expense Depreciation expense - Equipment Supplies expense Insurance expense 500 1,500 325 Total expenses 6,370 5,620 Trial Balance St Owner Equity Adjusted Pashion First Statement of Owner's Equity For Month Ended December 31, 2019 J.Byrnes Capital, December 1, 2019 Add: Net income 36,000 5.620 Less. Withdrawals by owner (1.100) J.Byrnes Capital, December 31, 2019 40 520 Income Statement Fashion First Balance Sheet December 31, 2019 Assets Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation - Equipment 7,835 2.440 4,500 7,475 39,000 (500) 0 60.750 Total assets 12.200 Liabilities Accounts payable Salaries payable Unearned consulting revenue 330 7.700 0 Total liabilities 20.230 Equity J.Byrnes Capital 40.520 Total equity 40.520 Liabilities Accounts payable $ 12,200 330 Salaries payable Unearned consulting revenue .. 7,700 0 Total liabilities 20.230 Equity J.Byrnes Capital 40.520 40.520 Total equity LES 60.750 Total liabilities and equity SI Owner Equity Impact on income X Answer is not complete. Requirement General Joumal General Ledger Tnal Balance Income Statement St Owner Equity Balance Sheet Impact on Income For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab. (Hint: Select unadjusted on the dropdown.) Adjusted Account affecting the: Impact on net income Income statement Balance Sheet Adjusting entry related to: Insurance Supplies (325) (1,500) Insurance expense Supplies expense Depreciation expense - Equipment Consulting revenue Depreciation Prepaid insurance Supplies 'Accumulated depreciation - Equipment Unearned consulting revenue Salaries payable (500) Fees collected in advance Salaries Work performed in advance Salaries expense BIO Consulting revenue Accounts receivable 2.440 $ 115 Total impact on income due to adjustments Nei income before adjustments: For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab. (Hint: Select unadjusted on the dropdown.) Adjusted Impact on net income Adjusting entry related to: Insurance Supplies $$ SIS (325) (1,500) Account affecting the: Income statement Balance Sheet Insurance expense Prepaid insurance Supplies expense Supplies Depreciation expense Accumulated depreciation - Equipment Equipment Consulting revenue Unearned consulting revenue Salaries expense Salaries payable (500) Depreciation Fees collected in advance Salaries Work performed in advance OS 2.440 Consulting revenue Accounts receivable S 115 Total impact on income due to adjustments Net income before adjustments: Net income after adjustments: 0 Balance Sheet