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Alena Co . was organized on July 1 , 2 0 2 0 . Quarterly financial statements are prepared The unadjusted and adjusted trial balances

Alena Co. was organized on July 1,2020. Quarterly financial statements are prepared The unadjusted and adjusted trial balances as of September 30 are shown below. Alena Co. Trial Balance September 30,2020 Unadjusted Dr. $ 8,70010,4001,5002,20018,000 Cr. Adjusted Dr. $ 8,70011,50065050018,000 Cr. Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Rent Revenue Share Capital Ordinary Dividends Service Revenue Rent Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense $ -0-10,0002,500-0--0-1,90022,00016,0001,41070010,0002,50072510045022,00017,1002,8601,6001,6008,0001,9001,510 $53,810 $53,8108,7253,6007008501,510100 $56,435 $56,435 Instructions a. Journalize the adjusting entries that were made. b. Prepare an income statement and a owner's equity statement for the 3 months ending September 3 and a balance sheet at September 30. Alena Co.
Cash
Accounts Receivable
Supplies
Prepaid Rent
Equipment
Accumulated Depreciation-Equipment
Notes Payable
Accounts Payable
Salaries and Wages Payable
Interest Payable
Unearned Rent Revenue
Owner's Capital
Owner's Drawings
Service Revenue
Rent Revenue
Salaries and Wages Expense
Rent Expense
Depreciation Expense
Supplies Expense
Utilities Expense
Interest Expense
Instructions
a. Journalize the adjusting entries that were made.
b. Net income $4,475
b. Prepare an income statement and an owner's equity statement for the 3 months ending September 30
Ending capital $24,875
and a balance sheet at September 30.
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