Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1, P2, P3, P4, P5, P6 [The following information applies to the questions displayed below.) A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31. The last two columns contain the adjusted trial balance as of the same date. Unadjusted Trial Balance $ 92,680 12.000 17,200 6,940 88,000 $ 24,000 9.100 Cash Accounts receivable office supplies Prepaid insurance office equipment Accum. Depreciation-office equip. Accounts payable Interest payable Salaries payable Unearned consulting fees Long-term notes payable J. Logan, Capital J. Logan, withdrawals Consulting fees earned Depreciation expense-office equip. Salaries expense Interest expense Insurance expense Rent expense Office supplies expense Advertising expense Totals 20.000 52,000 54,000 Adjusted Trial Balance $ 92,680 21,500 7,500 2,960 88,000 $ 36,000 14,000 3,000 5.000 13,000 52.000 54,000 9,000 178,500 12,000 72,250 4,210 3.980 14,640 9,700 17.080 $ 355,500 $355,500 9,000 162,000 67,250 1,210 14,640 12,180 $ 321,100 $321,100 Problem 3-4A Part 2 2(0-1) Prepare JKL Company's income statement for the year ended July 31. 2(a-2) Prepare JKL Company's statement of owner's equity for the year ended July 31. Note: J. Logan, Capital at July 31 of the prior year was $54,000, and the current year withdrawals were $9,000. 2(b) Prepare JKL Company's the balance sheet as of July 31. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 2A1 Req2A2 Reg 28 Prepare JKL Company's the balance sheet as of July 31. JKL COMPANY Balance Sheet July 31 Assets Cash Accounts receivable office supplies Problem 3-4A Part 2 2(a-1) Prepare JKL Company's income statement for the year ended July 31. 2(a-2) Prepare JKL Company's statement of owner's equity for the year ended July 31. Note: J. Logan, Capital at July 31 of the prior year was $54,000, and the current-year withdrawals were $9,000. 2(b) Prepare JKL Company's the balance sheet as of July 31. % Answer is not complete. Complete this question by entering your answers in the tabs below. Req 241 Reg 2A2 Reg 2B Prepare JKL Company's the balance sheet as of July 31. $ JKL COMPANY Balance Sheet July 31 Assets Cash Accounts receivable Office supplies Prepaid insurance Office equipment Accumulated depreciation Office equipment OOO 92,680 21,500 7,500 2.960 $ 88,000 36,000 52,000 $ 176,640 Liabilities $ Accounts payable Interest payable Salaries payable Unearned consulting fees Long-term notes payable 14,000 3,000 5,000 13,000 52,000 87.000 Equity J. Logan, Capital 89,640 $ 176,640