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Current Attempt in Progress Everett Co. was organized on July 1, 2020. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of
Current Attempt in Progress Everett Co. was organized on July 1, 2020. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown as follows Everett Co. Trial Balance September 30, 2020 Unadjusted Dr. Cr. Cash $8,700 Accounts Receivable 10,400 Supplies 1,500 Prepaid Rent 2.200 Equipment 18,000 Accumulated Depreciation-Equipment $ 0 Notes Payable 10,000 Accounts Payable 2,500 Salaries and Wages Payable 0 Interest Payable 0 Unearned Rent Revenue 1.900 Common Stock 22.000 Dividends 1.600 Service Revenue 16,000 Rent Revenue 1.410 Salaries and Wages Expense 8,000 Rent Expense 1.900 Depreciation Expense Supplies Expense Utilities Expense 1,510 Interest Expense $53.810 $53.810 Adjusted Dr. Cr. $8.700 11.500 650 1.200 18,000 $ 700 10,000 2.500 725 100 1,050 22.000 1,600 17.100 2.260 8,725 2.900 700 850 1.510 100 $ 56,435 $ 56,435 a) (63) Prepare a balance sheet at September 30. (List Assets in order of liquidity) Everett Co. Balance Sheet September 30, 2020 Assets $ $ Liabilities and Stockholders' Equity $ $ $ e Textbook and Media
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