Arrow Hospitality prepares adjustments monthly and showed the following at September 30, 2020: Adjustments Dr. Cr. Adjusted Yrial Balance Dr. cro Account Cash Accounts receivable Repair Supplies Prepaid rent Office furniture Accounts payable Notes payable Eli Arrow, capital El Arrow, withdrawals Hospitality revenues Salaries expense Wages expense Totals ARROW HOSPITALITY Trial balances September 30, 2020 Unadjusted Trial Balance Dr. cr. $ 6,600 11,800 2.500 14,600 29,480 $ 8.000 24,000 68,538 5,600 134,000 147,000 17.558 $ 235,138 $ 235,130 Additional information available for the month ended September 30, 2020 a. Interest of $180 had accrued on the notes payable for the month of September b. The office furniture was acquired on September 1 2020 and has an estimated four year life. The future will be sold for about $2,500 at the end of its four-year life c. A count of the Repair Supplies revealed a balance on hand of 5760 d. A review of the Prepaid Rent account showed that $10,000 had been used during September e. Accrued wages of $3.100 had not been recorded at month-end f. The September Internet bill for $100 had been received and must be cald by October 14 Additional information available for the month ended September 30, 2020 o. Interest of $180 had accrued on the notes payable for the month of September b. The office furniture was acquired on September 1, 2020, and has an estimated four-year life. The furniture will be sold for about $2,600 at the end of its four year life c. A count of the Repair Supplies revealed a balance on hand of $760 d. Areview of the Prepaid Rent account showed that $10,000 had been used during September e. Accrued wages of $3100 had not been recorded at month end f. The September Internet bill for S100 had been received and must be paid by October 14, g. Accrued revenues of $6,800 were not recorded at September 30 Required: 1. Complete the adjusted trial balance by including the adjusting entiles Adjusted Trial stance Doble Credit Account ARROW HOSPITALITY Trial Balances September 30, 2020 Unadjusted Trial Balance Adjustments Debit Credit Debli Credit 5 .600 11 000 5300 2500 14.600 10.000 39.400 Cash Accounts receivable Repair supplies Prepaid rent Office furniture Help Save Account ARROW HOSPITALITY Trial Balances September 30, 2020 Unadjusted Trial Balance Adjustments Debit Credit Debit Credit 6.600 11,800 6,800 2,500 14,600 29,480 $ 8.600 Adjusted Trial Balance Debit Credit $ 10.000 24,000 Cash Accounts receivable Repair supplies Prepaid rent Office furniture Accounts payable Notes payable Ell Arrow, capital El Arrow, withdrawals Hospitality revenues Salaries expense Wages expense Totals Interest expense Interest payable Depreciation expense, office furniture 68,538 5 600 134.000 147.000 17 558 $ 235,138 $ 235 138 3.100 180 180 24 000 Help S 68,538 5,600 134,000 147 000 17 558 $ 235,138 5 235.138 3.100 Notes payable El Arrow, capital El Arrow, withdrawals Hospitality revenues Salaries expense Wages expense Totals Interest expense Interest payable Depreciation expense, office furniture Accumulated depreciation office furniture Repair supplies expense Ront expense Wages payable Internet expense Totals 180 180 10,000 5 20.260 5 10.000 0 2-6. Prepare an income statement based on the adjusted trial balance completed in Part 1 ARROW HOSPITALITY Income Statement For Month Ended September 30, 2020 Revenues Operating expenses Total operating expenses 2-b. Prepare a statement of changes in equity based on the adjusted trial balance completed in Partt Assume that the owner Arrow, made an investment during September of $4,200, ARROW HOSPITALITY Statement of Changes in Equity For Month Ended September 30.2020 El Arrow, capital September Tonal ES Arrow capital September 30 2-c. Prepare a balance sheet based on the adjusted trial balance completed in Panti Assume that the owner, Ex Arrow, made an investment during September of $3,600 ARROW HOSPITALITY Balance Sheet September 30, 2020 Assets Total Assets $ Liabilities Total Liabile Equity Assets Total Assets $ 0 Liabilities Total Liabilities $ 0 Equity Total Liabilities and Equity S