Financial & Managerial Accounting.

Xavier Co. was organized on July 1, 2017. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown below. Xavier CO. Trial Balance September 30, 2017 Cr. Unadjusted Dr. Cr. $ 10,000 10500 2,500 2.200 15,000 $-0 10.000 3,500 -0- -0- 1,900 22.000 1,600 16,000 1,410 8,000 1,900 Adjusted Dr. $ 10.000 13.500 950 500 1 5,000 $ 700 10.000 3,500 Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Rent Revenue Owner's Capital Owner's Drawings Service Revenue Rent Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense Instructions: 825 100 450 22,000 1,600 17,100 2,860 8,725 3,600 700 850 1.510 1,510 100 (b) Prepare an income statement and an owner's equity statement for the 3 months ending September 30 and a balance sheet at September 30