1. Prepare an adjusted trial balance at September 30.
2. Prepare an income statement and a statement of owners equity, and a classified balance sheet.
3. Prepare and post-closing entries.
4. Prepare a post-closing trial balance at September 30.

Alou Equipment Repair has a September 30 year end. The company adjusts and closes its accounts on an annual basis. On August 31, 2024, the account balances of Alou Equipment Repair were as follows: During September, the following transactions were completed: Sept. 1 Borrowed $10,000 from the bank and signed a two-year, 5% note payable. 2 Paid September rent, $500. 8 Paid employee salaries, $1,050. 12 Received $1,500 cash from customers on account. 15 Received \$5,700 cash for services performed in September. 17 Purchased additional supplies on account, \$1,300. 20 Paid creditors $2,300 on account. 21 Paid September telephone bill, \$200. 22 Paid employee salaries, \$1,050. 27 Performed services on account and billed customers for services provided, $900. 29 Received $550 from customers for services to be provided in the future. 30 Paid J. Alou $800 cash for personal use. Adjustment data consist of the following: 1. Supplies on hand at September 30 cost $1,000. 2. Accrued salaries payable at September 30 total $630. 3. The equipment has an expected useful life of five years. 4. Unearned revenue of $450 is still not earned at September 30. 5. Interest is payable on the first of each month