On August 31, 2018, Rijo Equipment Repair Corp.'s opening trial balance was as follows. The company prepares adjusting entries monthly.

During September, the following transactions were completed:
Sept. 4 Paid employees $2,200 for salaries due, of which $1,400 was for August salaries payable and $800 for September.
6 Received $5,400 cash from customers in payment of accounts.
11 Received $8,800 cash for services performed in September.
12 Issued common shares for $5,000 cash.
17 Purchased supplies on account, $2,000.
21 Paid creditors $7,000 of accounts payable due.
24 Paid September and October rent, $2,000 ($1,000 per month).
25 Paid salaries, $2,200.
26 Performed services on account, $1,600.
27 Received $1,300 from customers for services to be performed in the future.
28 Declared and paid a cash dividend, $500.
28 Paid income tax for the month, $600.
Adjustment data for the month:
1. Supplies on hand total $800.
2. Accrued salaries payable are $1,600.
3. Accrued service revenue for $600.
4. The equipment has a useful life of 10 years and the company uses straight-line depreciation.
5. Unearned revenue of $800 has been earned.
Instructions
(a) Prepare journal entries to record the September transactions.
(b) Set up T accounts, enter any opening balances, and post the journal entries prepared in part (a).
(c) Prepare a trial balance at September 30.
(d) Prepare and post the adjusting journal entries for the month.
(e) Prepare an adjusted trial balance at September 30.
(f) Prepare (1) an income statement, (2) a statement of changes in equity, and (3) a statement of financial position.

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DebitCredit Cash Accounts receivable Supplies Equipment Accumulated depreciation--equipment Accounts payable Salaries payable Unearned revenue Common shares Retained earnings $9,760 7,440 1,600 $30,000 $3,000 6.200 1,400 800 20,000 17.400 $48,800 $48,80o