Problem 3-3A (Part Level Submission) 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 Adjusted 8,616 10,371 1,543 2,184 18,240 8,616 11,548 613 1,230 18,240 Accounts Receivable Prepaid Rent $ 732 9,400 2,468 $0 Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Rent Revenue Common Stock 9,400 1,063 22,430 1,895 22,430 1,597 16,222 1,430 Service Revenue Rent Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense 17,399 8,637 2,830 7,900 1,876 930 1,518 1,518 53,845 53,845 $56,585 56,585 Your answer is correct. ournalize the annual adjusting entries that were made. (Credit a Date Account Titles and Explanation Debit Credit Sept. 30 TAccounts Receivable 17 ervice Revenue (To record accrued revenue.) Sept. 30 TRent Expen 354 aid Ren To record prepaid rent.) Sept. 30 Supplies Expense 30 To record supplies used.) 32 Sept. 30 Depreciation Expense umulated Depreciation-Equipmen To record depreciation.) 32 ) Sept. 30 nterest Expense nterest Payabl To record interest.) 32 ) e 30TUnearned Rent Revenue ent Revenue To record unearned rent revenue.) Sept. 30 Salaries an d Wages Expense 75alaries and Wages Payable To record accrued salaries.) Your answer is correct Prepare an income statement for the 3 months ending September 30, 2015. EVERETT CO Income Statement For the Quarter Ended September 30, 2015 evenues ervice Revenu ent Revenue 17399 262 19661 Total Revenues xpenses Salaries and Wages Expensel $8637 830 32 30 518 4 ent Expense epreciation Expense Supplies Expense Utilities Expens nterest Expense Total Expenses Net Income / (Loss 4741 920 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