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Arrow Hospitality prepares adjustments monthly and showed the following at September 30, 2023: ARROW HOSPITALITY Trial Balances September 30, 2023 Unadjusted Adjusted Trial Balance Adjustments
Arrow Hospitality prepares adjustments monthly and showed the following at September 30, 2023: ARROW HOSPITALITY Trial Balances September 30, 2023 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Dr. Cr. Dr. Cr. Dr. Cr. Cash $ 5,000 Accounts receivable 10,200 Repair supplies 1,700 Prepaid rent 13,000 Office furniture 20,200 Accounts payable $ 7,000 Notes payable 17,600 Eli Arrow, capital 66,458 Eli Arrow, withdrawals 4,000 Hospitality revenues 118,000 Salaries expense 139,000 Wages expense 15,958 Totals $ 209,058 $ 209,058 Additional information available for the month ended September 30, 2023: Interest of $132 had accrued on the notes payable for the month of September. The office furniture was acquired on September 1, 2023, and has an estimated four-year life. The furniture will be sold for about $1,000 at the end of its four-year life. A count of the Repair Supplies revealed a balance on hand of $600. A review of the Prepaid Rent account showed that $12,000 had been used during September. Accrued wages of $2,300 had not been recorded at month-end. The September Internet bill for $120 had been received and must be paid by October 14. Accrued revenues of $5,200 were not recorded at September 30
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