Company STU's Trial Balance as of September 30, 2025:

Account Title	Debit ($)	Credit ($)
Cash	58,000
Accounts Receivable	38,000
Prepaid Insurance	9,000
Office Equipment	85,000
Accumulated Depreciation		18,000
Accounts Payable		28,000
Notes Payable		55,000
Common Stock		88,000
Retained Earnings		48,000
Service Revenue		130,000
Salaries Expense	35,000
Rent Expense	17,000
Utilities Expense	8,000
Insurance Expense	5,000
Dividends	10,000

Requirements:

1. Prepare the adjusted trial

balance for Company STU. 2. Prepare the income statement for the quarter ended September 30, 2025. 3. Prepare the statement of retained earnings for the quarter ended September 30, 2025. 4. Prepare the balance sheet as of September 30, 2025. 5. Identify any discrepancies and explain how they should be rectified.