1. Using the format presented in Problem 3-11 A, complete the adjusted trial balance by including the adjusting entries prepared in Problem 3-11 A.

2. Prepare an income statement, a statement of changes in equity and a balance sheet based on the-adjusted trial balance completed in Part 1. Assume that the owner, F.li Arrow, made an investment during September of $3,600.
Analysis Component: Assume that total assets reported at August 31, 2014, were $76,900. Determine what total liabilities and equity were on that date and comment on the change in the financial position from August to September.

Arrow Hospitality Trial Balances.xls P18 Arrow Hospitality Trial Balances September 30, 2014 Unadjusted Trial Balance Dr. Adjustments Dr. Adjusted Trial Balance Account Cr. Cr. Dr. Cr. 7 Cash 8 Accounts receivable 9 Repair supplies 10 Prepaid rent 11 Office furniture 2 Accounts payable 13 Notes payable 14 Eli Arrow, capital 15 Eli Arrow, withdrawals 16 Hospitality revenues 17 Salaries expense 18 Wages expense 19 Totals 5 6,000 11,200 2,200 14,000 26,000 5 8,000 21,600 67,758 5,000 128,000 144,000 16,958 225,358 225,358