Required: The records for KH Company showed the following for 2015: (1) Prepare adjusting entries to KH Co.'s accounts at December 31, 2013. Each entry should be made in general journal format. Identify each entry by using the letter of the paragraph containing the additional information for the entry. (2) Prepare the current year income statement Jan. 1 Dec. 31 Unearned revenue $1,600 $2,160 (3) Prepare the current year retained earnings statement. Accrued revenue 1,260 920 (4) Prepare the current year balance sheet. (5) Prepare the closing entries. Cash collected during the year for revenue, $75,000 The records for KH Company showed the following for 2015: Show the computation of the amount of revenue that should be reported on the income statement. Jan. 1 Dec. 31 Unearned Required: The records for KH Company showed the following for 2015: (1) Prepare adjusting entries to KH Co.'s accounts at December 31, 2013. Each entry should be made in general journal format. Identify each entry by using the letter of the paragraph containing the additional information for the entry. (2) Prepare the current year income statement Jan. 1 Dec. 31 Unearned revenue $1,600 $2,160 (3) Prepare the current year retained earnings statement. Accrued revenue 1,260 920 (4) Prepare the current year balance sheet. (5) Prepare the closing entries. Cash collected during the year for revenue, $75,000 The records for KH Company showed the following for 2015: Show the computation of the amount of revenue that should be reported on the income statement. Jan. 1 Dec. 31 Unearned