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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 $ 6,700 Accounts receivable 11,900 Repair supplies 2,550 Prepaid rent 14,700 Office furniture 30,060 Accounts payable $ 8,700 Notes payable 24,400 Eli Arrow, capital 68,668 Eli Arrow, withdrawals 5,700 Hospitality revenues 135,000 Salaries expense 147,500 Wages expense 17,658 Totals $ 236,768 $ 236,768 Additional information available for the month ended September 30, 2023: Interest of $183 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 $2,700 at the end of its four-year life. A count of the Repair Supplies revealed a balance on hand of $770. A review of the Prepaid Rent account showed that $11,000 had been used during September. Accrued wages of $3,150 had not been recorded at month-end. The September Internet bill for $110 had been received and must be paid by October 14. Accrued revenues of $6,900 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 1. 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 $4,300. 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

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