2022: 32468) tro Ac Question 17-Homework #2 - Connect Timing and Reporting mework #20 Saved 17 Book ferences MHBO Max Following are two income statements for Alexis Co. for the year ended December 31. The left number column is prepared before adjusting entries are recorded, and the right column is prepared after adjusting entries. The company records cash receipts and payments related to unearned and prepaid items in balance sheet accounts. Income Statements For Year Ended December 311 Unadjusted Adjustments Adjusted Revenues Services revenue Commissions earned Total revenues Expenses Depreciation expense-Computers $24,000 42,500 a. $29,400 42,500 $66,500 71,900 b. 1,350) Depreciation expense-office furniture c. 1,575 Salaries expense Insurance expense Rent expense Office supplies expense Advertising expense Utilities expense Total expenses Net income 12,500 d. 14,705 e. 1,170 4,500 4,500 e f. 432 3,000 3,000 1,250 9- 1,313 21,250 28,045 $45,250 $43,855 Hu Series Help Save & Exit Submit Check my work Analyze the statements and prepare the seven adjusting entries a through g that likely were recorded. Hint: The entry for a refers to revenue that have been earned but not yet billed. None of the entries involve cash.