Sample Worksheet Work Sheet For Year Ended December 31, 2019 Trial Balance Adjustments Adj. T/Balance Income Statement Balance Sheet Account Title Dr. Cr Dr. Cr. Dr. Cr Dr. Cr Dr. Cr Cash 13,200 13,200 0 13,200 0 CD'S 22,000 a 22,000 0 22,000 0 Other Securities 5,400 b 5,400 0 0 5,400 Loan Payable 25,000 25,000 25,000 Owner' Equity 0 15,600 0 15,600 0 15,600 Revenue 0 0 0 0 0 Interest Income 0 0 0 0 0 Utilities expense 0 0 0 0 0 0 Internet & Telephone 0 0 0 0 Advertising Expense Rent Expense Supplies expense 0 0 0 0 0 Insurance expense 0 b 0 0 0 0 40,600 40,600 0 0 40,600 40,600 0 0 40,600 40,600 0 0 0 0 Net income 0 0 40,600 40,600 1. Cash is overstated by 500.00 and Owners Equity is overstated by $500.00. 2. Utilities Expense of $300.00 was paid on January 25. 3. Insurance expense of $250.00 was paid on January 27. 4. supplies for the month in the amount of $450.00 was purchased 5. Rent for $2000.00 for the month was paid on January 31. 6. The total revenue of $20,000.00 was collected in the month of January and deposited in the Bank. 8. Internet and Telephone expense for the month was $150.00 9. Advertising Expense for the month was $300.00 Required: Complete the above worksheet with the necessary adjusing or journal entries manually or utilize an excel worksheet if you can Make the journal entries for thre above transactions or simply make adjusting entries to the worksheet provided. Prepare the Income Statement for Sample Co as of January 31, 2020 a