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Arrow Hospitality prepares adjustments monthly and showed the following at September 3 0 , 2 0 2 3 : ARROW HOSPITALITY Trial Balances September 3

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 $ 5,200
Accounts receivable 10,400
Repair supplies 1,800
Prepaid rent 13,200
Office furniture 21,360
Accounts payable $ 7,200
Notes payable 18,400
Eli Arrow, capital 66,718
Eli Arrow, withdrawals 4,200
Hospitality revenues 120,000
Salaries expense 140,000
Wages expense 16,158
Totals $ 212,318 $ 212,318
Additional information available for the month ended September 30,2023:
Interest of $138 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 $1,200 at the end of its four-year life.
A count of the Repair Supplies revealed a balance on hand of $620.
A review of the Prepaid Rent account showed that $10,000 had been used during September.
Accrued wages of $2,400 had not been recorded at month-end.
The September Internet bill for $100 had been received and must be paid by October 14.
Accrued revenues of $5,400 were not recorded at September 30.
Required:
1. Complete the adjusted trial balance by including the adjusting entries. 2-a. Prepare an income statement based on the adjusted trial balance completed in Part 1222b. 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 $2,800.2-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

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