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. $ Unadjusted Trial Balance 90.400 12,000 17,800 6.640 90,000 $ 24,000 10,100 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 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 20.000 58.000 30,000 20.000 Adjusted Trial Balance $ 90.400 19,000 10.000 3,760 90.000 $ 28,000 22,000 2.000 13,000 19,000 58.000 30,000 20,000 9,500 168,000 4.000 80,340 3,290 2,880 14, 680 7.800 24,350 $360,000 $360,000 9,500 160,000 67.340 1,290 14.680 12.450 $ 322,100 $322,100 Problem 3-4A Part 2 2(0-1) Prepare JKL Company's income statement for the year ended July 31, 2017 2(0-2) Prepare JKL Company's statement of retained earnings for the year ended July 31, 2017. Note: Retained earnings at July 31, 2016, was $20,000, and the current-year dividends were $9,500. 2(b) Prepare JKL Company's the balance sheet as of July 31, 2017 Req 2A1 Req 2A2 Req 2B Prepare JKL Company's income statement for the year ended July 31, 2017. JKL COMPANY Income Statement For Year Ended July 31, 2017 Reg 22 > Reg 2A1 Req 2A2 Reg 28 Prepare JKL Company's statement of retained earnings for the year ended July 31, 2017. Note: Retained earnings at July 31, 2016, was $20,000, and the current-year dividends were $9,500. JKL COMPANY Statement of Retained Earnings For Year Ended July 31, 2017 Retained earnings, July 31, 2016 Retained earnings, July 31, 2017 S Required information Prepare JKL Company's the balance sheet as of July 31, 2017 JKL COMPANY Balance Sheet July 31, 2017