Paula Judge owns Judge Creative Designs. The trial balance of the firm for January 31, 2019, the first month of operations, is shown below. End-of-the-month adjustments must account for the following items:

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&Supplies were purchased on January 1, 2019, Inventory of supplies on January 31, 2019, Is $900. b. The prepald advertising contract was signed on January 1, 2019, and covers a four-month period. c. Rent of $1.400 explred during the month. d. Depreciation is computed using the straight-line method. The equipment has an estimated useful life of 10 years with no salvage value Requlred: 1. Complete the worksheet for the month. 2 Prepare an income statement, statement of owner's equity, and balance sheet. No additional Investments were made by the owner during the month. 3. Journalize and post the adjusting entries. Analyze If the adjusting entrnes had not been made for the month, would net Income beo or understated? Complete this question by entering your answers in the tabs below. Req 2 Inc Req 2 Stmt ofReq 2 Ba R Req 3 Gen Rq3 Ledgers Raq 1 OE Sheet Journal Complete the worksheat for the month. E CREATIVE DESIGNS Worksheet Month Ended January 31, 2019 Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Name Debit Credit Debit Credit Debit Credit Debit Accounts Receivable Supplies Prepaid Advertising Prepaid Rent Equipment 35.100 12.200 8,050 8,800 18.800 38.400 15.150 Accounts Payable Paula Judge, Capitl Paula Judge, Drawing Fees Income Advertising Expense Depreciation Expense-Equipment Rant Expansa Salaries Expense Supplies Expense Utilities Expense Sub-Totals 50600 8,600 58.600 0,200 1.200 133.350 IS 133.350 Totala