Following are two income statements for Kendall Co. for the year ended December 31. The left column is prepared before any adjusting entries are recorded, and the right column includes the effects of adjusting entries. The company records cash receipts and payments related to unearned and prepaid items in balance sheet accounts. Analyze the statements and prepare the eight adjusting entries that likely wererecorded.

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KENDALL CO. Income Statements For Year Ended December 31 Unadjusted Adjusted Fees earned. Commissions earned.. lotal revenues $24.000 $30,000 42.500 42:500 66,500 1,500 1,750 14,950 1,300 4,500 ure . 12.500 Salaries expense^.... Insurance expense . 4,500 Office supplies expense . .. Advertising expense .. 3,000 1.250 21,250 $45,250 3,000 1320 28,800 $43,700 s expense Net income.