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Arrow Hospitality prepares adjustments monthly and showed the following at September 3 0 , 2 0 2 3 : table [ [ Account ,

Arrow Hospitality prepares adjustments monthly and showed the following at September 30,2023: \table[[Account,\table[[ARROW HOSPITALITY],[Trial Balances],[September 30,2023],[Unadjusted]],Adjustments,Adjusted],[Trial Balance,Tria,lance],[,Dr.,,Cr .,Dr .,Cr .,Dr.,Cr .],[Cash,$,6,200,,,,,,],[Accounts receivable,,11,400,,,,,,],[Repair supplies,,2,300,,,,,,],[Prepaid rent,,14,200,,,,,,],[Office furniture,,27,160,,,,,,],[Accounts payable,,,$,8,200,,,,],[Notes payable,,,,22,400,,,,],[Eli Arrow, capital,,,,68,018,,,,],[Eli Arrow, withdrawals,,5,200,,,,,,],[Wages expense,,17,158,,,,,,],[Totals,$,228,618,,228,618,,,,]]
Additional information available for the month ended September 30,2023:
a. Interest of $168 had accrued on the notes payable for the month of September.
b. The office furniture was acquired on September 1,2023, and has an estimated four-year life. The furniture will be sold for about $2,200 at the end of its four-year life.
c. A count of the Repair Supplies revealed a balance on hand of $720.
d. A review of the Prepaid Rent account showed that $12,000 had been used during September.
e. Accrued wages of $2,900 had not been recorded at month-end.
f. The September Internet bill for $120 had been received and must be paid by October 14.
g. Accrued revenues of $6,400 were not recorded at September 30.
Required:
1. ADJUSTED TRIAL BALANCE
2. INCOME STATEMENT BASED ON ADJUSTED TRIAL BALANCE
3. 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 $3,800.
4. 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 $3,800.
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