At the end of April, the first month of operations, the following selected data were taken from the financial statements of Shelby Crawford, an attorney:

Net income for April ................................... $120,000
Total assets at April 30 ................................. 750,000
Total liabilities at April 30 ............................. 300,000
Total owner’s equity at April 30 ................... 450,000

In preparing the financial statements, adjustments for the following data were overlooked:
• Supplies used during April, $2,750.
• Unbilled fees earned at April 30, $23,700.
• Depreciation of equipment for April, $1,800.
• Accrued wages at April 30, $1,400.

Instructions
1. Journalize the entries to record the omitted adjustments.
2. Determine the correct amount of net income for April and the total assets, liabilities, and owner’s equity at April 30. In addition to indicating the corrected amounts, indicate the effect of each omitted adjustment by setting up and completing a columnar table similar to the following. The adjustment for supplies used is presented as an example.