Required Information Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1, P2, P3 [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, 2017. The last two columns contain the adjusted trial balance as of the same date. 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 Common stock Retained earnings Dividends Consulting fees earned Depreciation expense-Office equip. Salaries expense Interest expense Insurance expense Rent expense Office supplies expense Advertising expense Totals Unadjusted Trial Balance $ 110, 310 9, eee 17,808 9,840 80, eee $ 25,cee 8,109 B e 32,ege 48,690 30,000 20,000 8,5ee 167,600 Adjusted Trial Balance $ 110, 310 23,500 7,800 3,760 89,00 $ 32,000 14,000 1,500 13, eee 14,888 48, 980 30,000 20,000 8,500 199,500 7, ewe 80, 280 2,730 5,280 14,52e 19,800 18,320 $ 372,800 $372,800 67,280 1,230 @ 14,52e 12,420 $ 330,1ee $330,100 Problem 3-4A Part 1 Required: 1. Analyze the differences between the unadjusted and adjusted trial balances to determine the adjustments that likely were made. Show the results of your analysis by entering these adjustment amounts in the cells provided. Adjustments Unadjusted Trial Balance S 110,310 9,000 17.800 9.040 Adjusted Trial Balance s $ 110 310 23.500 7.000 3.700 80.000 $ $ 32,000 14.000 1,500 13,000 80.000 $ 25,000 8.100 0 0 Account Cash Accounts receivable Office supplies Prepaid insurance Office equipment Accumulated depreciation Office equipment Accounts payable Interest payable Salaries payable Unearned consulting fees Long-term notes payable Common stock Retained earnings Dividends Consulting fees earned Consulting fees earned (Unearned fees adjusted) Depreciation expense-Office equipment Salaries expense Interest expense Insurance expense Rent expense 32,000 48.000 30,000 20,000 14,000 48,000 30,000 20,000 8,500 8.500 167,000 199,500 0 67.280 1.230 7.000 80.280 2.730 5.280 14.520 0 14,520