The unadjusted and adjusted trial balances for BiWay Services Co. on December 31, 2015, are shown below.

a. Journalize the five entries that adjusted the accounts at December 31, 2015. None of the accounts was affected by more than one adjusting entry.
b. Prepare an income statement, statement of owner€™s equity, and balance sheet, assuming no new investment by Ken.

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BiWay Services Co Trial Balance December 31, 2015 (in Smillions) Unadjusted Debit Adjusted DebitCredit Credit Balances Balances Balance s Balances Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Land Accounts Payable Wages Payable Ken Louis, Capital Ken Louis, Withdrawals Fees Earned Wages Expense Rent Expense Insurance Expense Utilities Expense Depreciation Expense Supplies Expense Miscellaneous Expense 20 58 14 51 40 20 12 48 40 20 24 12 12 15 15 101 101 89 97 19 227 227 244 244