Complete the worksheet.

NetSolutions started operations on December 1, 2015. The adjustements below are for Dec 31, 2015. Adjustments (a) Supplies-The cost of supplies on hand at the end of the period is $760. (b) Prepaid Insurance-The $2,400 balance of prepaid insurance represents the pre-payment of an insurance policy for 12 months beginning December 15, (c) Unearned Rent-The unearned rent account has a credit balance of $360. This balance represents the receipt of 3 months' rent, beginning with December. (d) Accrued Fees-Fees accrued at the end of December but not recorded total $500. (e) Wages-Wages accrued but not paid at the end of December total $250. (f) Depreciation-Depreciation of office equipment is $50 for the month of December. Once the adjustments are made in the adjustments columns, enter the adjusted trial balance. The Income Statement and Balance Sheet columns follow. Lastly, total the columns to ensure that DRECR and calculate Net Income. NetSolutions For the Month Ended December 31, 2015 Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Dr. Cr. Dr. Cr. Dr. Cr Dr. Cr. Dr. Cr. 2.065 2.220 2.000 2,400 20.000 1,800 900 360 25,000 Account Titles Cash Accounts Receivable Supplies Prepaid Insurance Land Office Equipment Accumulated Depreciation Accounts Payable Wages Payable Unearned Rent Common Stock Dividends Fees Earned Rent Revenue Wages Expense Supplies Expense Rent Expense Utilities Expense Insurance Expense Depreciation Expense Miscellaneous Expense Totals Net Income 4,000 16.340 4,275 800 1,600 985 455 42,600 42,600