Problem 3-3A Everett Co. was organized on July 1, 2015. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown below. EVERETT CO. Trial Balance September 30, 2015 Unadjusted Adjustecd $ 8,731 11,562 655 1,150 10,396 1,545 2,160 18,260 Accounts Recevable Prepaid Rent $0 9,400 2,507 $664 9,400 2,507 712 Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Rent Revenue Common Stock 1,874 21,860 21,860 1,649 17,501 1,366 18,667 2,166 Service Revenue Rent Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense 8,353 1,855 9,065 2,865 1,559 1,559 $54,508 $54,508 57,144 57,144 Journalize the annual adjusting entries that were made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Sept. 30 Debit Credit To record accrued revenue.) Sept. 30 To record prepaid rent.) Sept. 30 To record supplies used.) Sept. 30 To record depreciation.) Sept. 30 (To record interest.) Sept. 30 To record unearned rent revenue.) Sept. 30 To record accrued salaries.) Prepare an income statement for the 3 months ending September 30, 2015 EVERETT CO. Income Statement For the Quarter Ended September 30, 2015 Prepare a statement of retained earnings for the 3 months ending September 30, 2015. (List items that increase retained earnings first. EVERETT CO. Retained Earnings Statement For the Quarter Ended September 30, 2015 Prepare a balance sheet at September 30. (List assets in order of liquidity.) EVERETT CO. Balance Sheet September 30, 2015 Assets Liabilities and Stockholders' Equity If the note bears interest at 12%, how many months has it been outstanding? Note has been outstanding for month(s)