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Crane Creek Golf Inc. was organized on July 1, 2022. Quarterly financial statements are prepared. The trial balance and adjusted trial balance on September 30
Crane Creek Golf Inc. was organized on July 1, 2022. Quarterly financial statements are prepared. The trial balance and adjusted trial balance on September 30 are shown as follows CRANE CREEK GOLF INC. Trial Balance September 30, 2022 Unadiusted Adiusted Dr. Cr. Dr. Cash $ 6,450 $ 6,450 ccounts Receivable 590 1,260 Supplies 1,200 Prepaid Rent 1,780 990 Equipment 15,500 15,500 Accumulated Depreciation-Equipment $310 Yates Payable $ 5,500 5,500 Accounts Payable 1,300 1.300 Salaries and Wages Payable Interest Payable Jneamed Rent Revenue 1,090 560 Common Stock 14,200 14,200 Betained Eamnings Dividends 310 Service Revenue 18,600 19.270 Rent Revenue 1,090 1,600 Salaries and Wages Experise 8.920 9,170 Rent Expense 790 1,680 Depreciation Expense Supplies Expense Jilities Expense 6,240 6,240 Interest Expense $41,780 $41,790 $43,2165 $43,375 550 310 ournalize the adjusting entries that were made. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit To record service revenue eamed) To record rent expense) To record supplies used) To record monthly depreciation) To record interest on notes payable) To record uneamed rent revenue earned) To record accrued salaries) LINK TO TEXT Prepare an income statement for the 3 months ending September 30. LINK TO VIDEO CRANE CREEK GOLF INC. Income Statement LINK TO TEXT LINK TO VIDEO Prepare a retained earnings statement for the 3 months ending September 30, (List items that increase retained earnings first) CRANE CREEK GOLF INC. Retained Earings Statement LINK TO VIDEO LINK TO TEXT Prepare a cassified balance sheet at September 30. (List current assets in order of liquidity.) CRANE CREEK GOLF INC. Balance Sheet Assets Liabilities and Stockholders' Equity LINK TO VIDEO LINK TO TEXT dentify which accounts should be closed on September 30. Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Jneamed Rent Revenue Common Stock Retained Earrings Dividends Service Ravenue Rent Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Jolities Expense Interest Expense LINK TO VIDEO LINK TO TEXT f the nate bears interest at 12%, how many months has it been outstanding
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