View 125% Zoom Exercise #1 Insert Table Chart Text Exercise #4 Exercises Shape Media Exercise Exercise 2 Exercise # 3 3) A company issued financial statements for the year ended December 31, but failed to include the following adjusting entries: A. Accrued interest revenue earned of $1,200. B. Depreciation expense of $4,000. C. Portion of prepaid insurance expired (an asset) used $1,100. D. Accrued taxes of $3,200. E. Revenues of $5,200, originally recorded as unearned, have been earned by the end of the year. Determine the correct amounts for the December 31 financial statements by completing the following table Assets Liabilities Equity Net Income Reported amounts........... $350,000 $200,000 $150,000 570,000 Add (subtract) to correct for item: b c d E Corrected amounts