Required information [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 Adjusted Trial Balance Trial Balance Cash $ 111,710 $ 111,710 Accounts receivable 9,000 22,500 Office supplies 17,800 2,500 Prepaid insurance 8,740 2,760 office equipment 81,000 81,000 Accum. Depreciation Office equip. $ 23,000 $ 32,000 Accounts payable 9, 100 22,000 Interest payable 1,500 Salaries payable 21,000 Unearned consulting fees 22,000 17,000 Long-term notes payable 62,000 62,000 J. Logan, Capital 44,000 44,000 J. Logan, Withdrawals 6,500 6,500 Consulting fees earned 170,000 188,500 Depreciation expense-Office equip. 9,000 Salaries expense 67,100 88,100 Interest expense 1,220 2,720 Insurance expense 5,980 Rent expense 14,600 14,600 Office supplies expense 15,300 Advertising expense 12,430 25,330 Totals $ 330,100 $330,100 $ 388,000 $388,000 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. Account Adjustments Cash Accounts receivable Office supplies Prepaid insurance Office equipment Accumulated depreciation - Office equipment Accounts payable Interest payable Salaries payable Unearned consulting fees Long-term notos payable J. Logan, Capital J. Logan, Withdrawals Consulting fees earned Consulting fees earned (Unearned fees adjusted) Depreciation expense-Office equipment Salaries expense Interest expense Insurance expense Rent expense Office supplies expense Advertising expense Totals Unadjusted Trial Balance $ 111,710 9,000 17,800 8,740 81,000 $ 23,000 9,100 0 0 22,000 62,000 44,000 6,500 170,000 Adjusted Trial Balance $ 111.710 22,500 2,500 2.760 81,000 $ 32,000 22,000 1,500 21.000 17.000 62,000 44,000 6,500 188,500 0 9.000 67,100 1.220 0 14,600 0 12,430 330,100 $ 88,100 2,720 5,980 14,600 15,300 25,330 388,000 $ $ 330,100 $ 388.000 Required information [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 $ 111,710 9,000 17,800 8,740 81,000 $ 23,000 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 0 22,000 62,000 44,000 Adjusted Trial Balance $ 111,710 22,500 2,500 2,760 81,000 $ 32,000 22,000 1,500 21,000 17 62,000 44,000 6,500 188,500 9,000 88,100 2,720 5,980 14,600 15,300 25,330 $388,000 $388,000 6,500 170,000 @ 67,100 1,220 14,600 12,430 $ 330,100 $330, 100 Complete this question by entering your answers in the tabs below. Req 2A1 Reg 2A2 Req 2B Prepare JKL Company's income statement for the year ended July 31. JKL COMPANY Income Statement For Year Ended July 31 Reg 2A1 Req 2A2 Reg 2B 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 $44,000, and the current-year withdrawals were $6,500. JKL COMPANY Statement of Owner's Equity For Year Ended July 31 J. Logan, Capital, July 31 prior year end J. Logan, Capital, July 31 current year end