[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					Adjusted Trial Balance
Cash	$	110,310				$	110,310
Accounts receivable		9,000					22,500
Office supplies		16,600					5,500
Prepaid insurance		6,340					3,360
Office equipment		82,000					82,000
Accum. DepreciationOffice equip.			$	25,000				$	30,000
Accounts payable				10,100					18,000
Interest payable				0					2,500
Salaries payable				0					13,000
Unearned consulting fees				22,000					16,000
Long-term notes payable				56,000					56,000
Common stock				28,800					28,800
Retained earnings				19,200					19,200
Dividends		10,500					10,500
Consulting fees earned				169,000					188,500
Depreciation expenseOffice equip.		0					5,000
Salaries expense		67,060					80,060
Interest expense		1,280					3,780
Insurance expense		0					2,980
Rent expense		14,540					14,540
Office supplies expense		0					11,100
Advertising expense		12,470					20,370
Totals	$	330,100	$	330,100		$	372,000	$	372,000

2(a-1) Prepare JKL Company's income statement for the year ended July 31, 2017. 2(a-2) Prepare JKL Company's statement of retained earnings for the year ended July 31, 2017. Note: Retained earnings at July 31, 2016, was $19,200, and the current-year dividends were $10,500. 2(b) Prepare JKL Company's the balance sheet as of July 31, 2017.

Required: . 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 Unadjusted Trial Balance Adjustments Adjusted Trial Balance 110,310 Cash 0S 110,310 9,000 11,700 Accounts receivable 22,500 9,000 5,500 Office supplies 16,600 3,600 Prepaid insurance 6,340 3,360 82,000 Office equipment 82,000 Accumulated depreciation-Office equipment $25,000 25,000 $ 30,000 Accounts payable 18,000 10,100 2,500 Interest payable 0 Salaries payable 400 3,000 Unearned consulting fees 22,000 4,900 16,000 Long-term notes payable 56,000 56,000 Common stock 28,800 28,800 28,800 19,200 Retained earnings 19,200 19,200 Dividends 10,500 10,500 Consulting fees earned 169,000 188,500 Consulting fees earned (Unearned fees adjusted) Depreciation expense -Office equipment 5,000 Salaries expense 67,060 80,060 3,780 1,280 Interest expense Insurance expense 2,980 14,540 Rent expense 14,540 11,100 Office supplies expense 11,100 Advertising expense 12,470 7,295 20,370 Totals $ 330,100$ 330,100$43,995$ 77,000 $ 372,000372,000