Required information 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. $ thad justed Trial Balance 94, 840 12.000 17,800 6,310 85,000 $ 24,000 10, 100 Cash Accounts receivable Office supplies Prepaid insurance Office equipment Accun. Depreciation Office equip. Accounts payable Interest payable Salaries payable Unearned consulting fees Long ter notes payable J. Logan, Capital J. Logan, Withdrawals Consulting fees earned Depreciation expense-Office equip. Salaries expense Interest ekperse Insurance expense Rent expense Office supplies expense Advertising expense Totals 22, 000 54,000 46,000 Adjusted Trial Balance $ 94,840 24,500 8,500 3,560 85,000 $ 30,000 16,000 3,500 17,000 15,000 54, 000 46,000 6,000 181, 500 6,000 84, 770 4. 780 2,780 14,840 9,300 18, 130 $ 363,000 $363, 000 6,000 162,000 67, 770 1,280 14,840 12, 230 $ 318,100 $318,100 Problem 3-4A Part 1 Required: 1. Analyze the differences between the unadjusted and adjusted trial balances to determine the adjustments that likely werer Show the results of your analysis by entering these adjustment amounts in the cells provided. Account Adjustments Adjusted Trial Balance $ 94,840 24.500 8.500 Unadjusted Trial Balance $ 94,840 12.000 17,800 6,340 85,000 $ 24,000 10,100 3.560 85,000 0 Cash Accounts receivable Office supplies Prepaid insurance Office equipment Accumulated depreciation Office equipment Accounts payable Interest payable Salaries payable Uneamed consulting fees Long-term notes payable J. Logan, Capital J. Logan Withdrawals Consulting fees eamed Consulting fees eamed (Uneamed fees adjusted) Depreciation expense-Office equipment Salaries expense Interest expense Insurance expense Rent expense Office supplies expense Advertising expense Totals 30,000 16,000 3,500 17,000 15,000 54,000 46.000 22.000 54,000 46,000 6,000 6.000 162,000 181,500 67.770 1,280 6.000 84,770 4.780 2.780 14,840 9,300 18,130 363,000 14,840 12,230 318,100 $ 318,100 $ $ 363,000 Problem 3-4A Part 2 2(0-1) Prepare JKL Company's income statement for the year ended July 31 2(0-2) 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 $46,000, and the current-year withdrawals were $6,000. 2(b) Prepare JKL Company's the balance sheet as of July 31