Question: From the completed worksheet in Problem No. 11 (KYLEE Co. Worksheet) prepare the following: a. Journalize the adjusting entries. b. An Income Statement for

From the completed worksheet in Problem No. 11 (KYLEE Co. Worksheet) prepare

From the completed worksheet in Problem No. 11 (KYLEE Co. Worksheet) prepare the following: a. Journalize the adjusting entries. b. An Income Statement for December A Statement of Owner's Equity for December KYLEE Co. WORKSHEET Trial Balance Adjustments Account Titles Adjusted Trial Balance Dr. Cr. Dr. Cr. Dr. Cr Income Statement Dr. Cr Balance Sheet Dr Cr Cash 4.920.00 4.920.00 Accounts Receivable 1,123.00 1.123.00 Prepaid Insurance 4,288.00 450.00 3.838.00 Supplies 2.400.00 1.839.00 301.00 Equipment 10.058.00 10.058.00 4,920.00 1.123.00 3.838.00 A RENAU 501.00 10,058.00 Accum Depreciation. Equipment 3.000.00 068.00 4.828.00 Accounts Payable 2.730.00 2.730.00 4,028.00 2.730.00 Kylee Co. Capital 17.287.00 17.287.00 17 287.00 Kylee Co. Withdrawals 5.240.00 5.240.00 5,240.00 Revenue from Clients 9.162.00 9.102.00 9.102 00 Rent Expense 2.000.00 2,080.00 2.080.00 Advertising Expense 418.00 418.00 418.00 Wages Expense 1,712.00 530.00 2.242.00 2242.00 Depreciation Expense 908.00 988.00 998.00 Supplies Expense 1,839.00 1.839.00 1.839.00 Insurance Expense Wages Payable Net Income 450.00 430.00 450.00 530,00 32.830.00 32.339.00 3.787.00 3.787.00 34.337.00 530,00 34.337.00 530.00 7.997.00 9.162.00 26.340.00 25.175.00 1.165.00 9.162.00 9.162.00 26.340.00 1.165.00 26.340.00

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