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Arrow Hospitality prepares adjustments monthly and showed the following at September 30, 2023: Additional information available for the month ended September 30, 2023: Interest of

Arrow Hospitality prepares adjustments monthly and showed the following at September 30, 2023:

image text in transcribed

Additional information available for the month ended September 30, 2023:

  1. Interest of $153 had accrued on the notes payable for the month of September.
  2. The office furniture was acquired on September 1, 2023, and has an estimated four-year life. The furniture will be sold for about $1,700 at the end of its four-year life.
  3. A count of the Repair Supplies revealed a balance on hand of $670.
  4. A review of the Prepaid Rent account showed that $11,000 had been used during September.
  5. Accrued wages of $2,650 had not been recorded at month-end.
  6. The September Internet bill for $110 had been received and must be paid by October 14.
  7. Accrued revenues of $5,900 were not recorded at September 30.

Required: 1. Complete the adjusted trial balance by including the adjusting entries.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed 2-b. Prepare a statement of changes in equity based on the adjusted trial balance completed in Part 1. Assume that the owner, Eli Arrow, made an investment during September of $3,300. 2-c. Prepare a balance sheet based on the adjusted trial balance completed in Part 1. Assume that the owner, Eli Arrow, made an investment during September of $3,600. 2-a. Prepare an income statement based on the adjusted trial balance completed in

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