3, 4, 5 PROBLEM 4-4A The trial balance for Game Time on July 31 is as follows: Game Time Trial Balance July 31, 20- CLGL Account Name Debit 14,721 257 1,295 17,642 Credit Supplios Accumulated Depreciation, Equipment Repair Equipment Accumulated Depreciaton, Repair Equipment Accounts Payable 2,287 1,265 880 942 23,871 B. Ryan, Capital B. Ryan, Drawing 2,000 Game Fees Concession Fees Wages Expense Rent Expense Ulities Expense Repair Expense Miscellaneous Expense 7954 3,752 1,068 980 246 180 32 39,686 39,686 Data for month-end adjustments are as follows: a. Expired or used-up insurance, $480. b. Depreciation expense on equipment, $850. c. Depreciation expense on repair equipment, $120. d. Wages accrued or earned since the last payday, $525 (owed and to be paid on the next payday). e Supplies used, $70. Required 1. Complete a work sheet for the month. (Skip this step if using CLGL.) 2. Journalize the adjusting entries. 3. If using CLGL prepare an adjusted trial balance. 4. Prepare an income statement, a statement of owner's equity, and a balance sheet. Check Figure Net Income, $7,155 Assume that no additional investments were made during July ou ure using CLGL, use the year 2020 when recording transactions and preparing reports