was organized on July 1, 2020. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September Sunland Company 30 are shown as follows. Sunland Company Trial Balance September 30, 2020 Adjusted Unadjusted Cr. Dr. Cr. Dr. $8,600 $8,600 Cash Accounts Receivable 10,400 11,500 700 Supplies 1,500 2,200 1,150 Prepaid Rent 18,800 Equipment 18,800 $ 700 $ 0 Accumulated Depreciation- Equipment 9,400 9,400 Notes Payable 2450 2,450 Accounts Payable 740 Salaries and Wages Payable 94 Interest Payable 1,000 1,850 Unearned Rent Revenue 21,800 21,800 Common Stock 1,600 1,600 Dividends 19,190 18,090 Service Revenue 1380 2,230 Rent Revenue 8.500 9,240 Salaries and Wages Expense 2,900 1,850 Rent Expense 700 Depreciation Expense 800 Supplies Expense 1,520 1,520 Utilities Expense 94 Interest Expense $ 54,970 $54,970 $57,604 $57,604 Journalize the 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 Debit Credit Sept. 30 (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 Prepare an income statement for the 3 months ending September 30 Sunland Company Income Statement Prepare a retained earnings statement for the 3 months ending September 30. (List items that increase retained earnings first.) Sunland Company Retained Earnings Statement Prepare a balance sheet at September 30. (List Assets in order of liquidity.) Sunland Company Balance Sheet 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)