The trial balance of neal company as of january 31, 2019, after the company completed the first month of operations, is shown in the worksheet below.

2. Complete the worksheet by making the following adjustments: supplies at the end of the month, $7,400; expired insurance, $7,100; depriciation expense for the period, 3,200.

3. Analyze: How does the insuacne adjustment affect prepaid insurance.

2. Complete the worksheet by making the following adjustments: supplies on hand at the end of the month, $7,400; expired insurance, $7,100; depreciation expense for the period, $3,200. Analyze How does the insurance adjustment affect Prepaid Insurance? Complete this question by entering your answers in the tabs below Partial Worksheet Analyze Complete the worksheet by making the following adjustments: supplies on hand at the end of the month, $7,400; expired insurance, $7,100; depreciation expense for the period, $3,200 NEAL COMPANY Worksheet (Partial) Month Ended January 31, 2019 Adjusted Trial Balance Trial Balance Debit Adjustments Income Statement Balance Sheet Account Name Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash Accounts Recelvable Supplies Prepaid Insurance Equipment Accumulated De $ 103,400 20,200 37,800 56,400 107,400 Accounts Payable Alexander Neal, Capital Alexander Neal, Drawing Fees Income Supplies Expense Insurance Expense Salaries Expense Depreciation Expense- 24,200 251,400 13,800 96,600 30,600 2,600 Utilities Expense Sub-Totals $ 372,200 372,200 Totals