Required information Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1, P2, P3, P4, P5, P6 [The following information applies to the questions displayed below.] A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31. The last two columns contain the adjusted trial balance as of the same date. Adjusted Trial Balance Unadjusted Trial Balance Cash $ 94,260 $ 94,260 Accounts receivable 13,000 19,000 Office supplies 18,400 3,500 Prepaid insurance 8,740 3,160 Office equipment 89,000 89,000 Accum. Depreciation-Office equip. $ 24,000 $ 28,000 Accounts payable 11,100 22,000 Interest payable 0 3,000 Salaries payable 0 7,000 Unearned consulting fees 28,000 14,000 Long-term notes payable 50,000 50,000 J. Logan, Capital 46,000 46,000 J. Logan, Withdrawals 7,000 7,000 Consulting fees earned 167,000 187,000 Depreciation expense-Office equip. 0 4,000 Salaries expense 67,320 74,320 Interest expense 1,310 4,310 Insurance expense 0 5,580 Rent expense 14,720 14,720 Office supplies expense 0 14,900 Advertising expense 12,350 23,250 Totals $326,100 $326,100 $357,000 $357,000 Problem 3-4A Part 1