The unadjusted and adjusted trial balances for McWay Services Co. on December 31, 2015, are shown below.

a. Journalize the five entries that adjusted the accounts at December 31, 2015. None of the accounts was affected by more than one adjusting entry.
b. Prepare the income statement, statement of owner€™s equity, and balance sheet, assuming no new investment by Chad.

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McWay Services Co Trial Balance December 31, 2015 (in S millions) Unadjusted Debit Adjusted Debit Credit Credit Balainces BalanceSBatances Balanc6 16 38 12 16 as Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment ···· Land Accounts Payable Wages Payable Chad McWay, Capital Chad McWay, Withdrawals Fees Earned Wages Expense Rent Expense Insurance Expense Utilities Expense Depreciation Expense Supplies Expense Miscellaneous Expense 12 40 L0 26 26 26 26 94 94 74 80 25 10 10 10 202 202 214 214