Kingbird, Inc. was organized on July 1, 2022. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown as follows.

Kingbird, Inc. Trial Balance September 30, 2022
		Unadjusted				Adjusted
		Dr.		Cr.		Dr.		Cr.
Cash		$ 10,266				$ 10,266
Accounts Receivable		12,272				13,570
Supplies		1,770				767
Prepaid Rent		2,596				1,416
Equipment		21,240				21,240
Accumulated DepreciationEquipment				$0				$ 826
Notes Payable				11,800				11,800
Accounts Payable				2,950				2,950
Salaries and Wages Payable				0				865
Interest Payable				0				118
Unearned Rent Revenue				2,242				1,239
Common Stock				25,960				25,960
Dividends		1,888				1,888
Service Revenue				18,880				20,178
Rent Revenue				1,660				2,663
Salaries and Wages Expense		9,440				10,305
Rent Expense		2,242				3,422
Depreciation Expense						826
Supplies Expense						1,003
Utilities Expense		1,778				1,778
Interest Expense						118
		$ 63,492		$ 63,492		$ 66,599		$ 66,599

Journalize the adjusting entries that were made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Prepare an income statement for the 3 months ending September 30. Prepare a retained earnings statement for the 3 months ending September 30. (List items that increase retained earnings first.) Prepare a balance sheet at September 30. (List Assets in order of liquidity.)

If the note bears interest at 12%, how many months has it been outstanding? (The note and interest will be paid in 2 years.)

Note has been outstanding for

Enter the number of months that the note has been outstanding

month(s)