Four Oaks Golf Inc. was organized on July 1, 2018. Quarterly financial statements are prepared. The trial balance and adjusted trial balance on September 30 are shown here.

Debit Credit Debit Credit $6,080 370 1,850 1,300 16,500 $6,080 950 870 480 16,500 Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation equipment Bank loan payable (due July 1, 2019) Accounts payable Salaries payable Interest payable Income tax payable Unearned revenue Common shares Retained earnings Dividends declared Fees earned Rent revenue Salaries expense Rent expense Depreciation expense Supplies expense Utilities expense Interest expense Income tax expense $340 5,200 2,760 580 52 340 690 14,400 $5,200 2,760 0 0 900 14,400 0 580 580 13,800 370 14,380 580 9,300 980 0 0 470 9,880 1,960 340 820 470 52 340 0 $37,430 $37,430 39,322 39,322