On August 31, 2015, the Rijo Equipment Repair Corp.'s post-closing trial balance was as follows. The company prepares adjusting entries monthly.

During September, the following transactions were completed:
Sept. 4 Paid employees $2,200 for salaries due, of which $1,400 was for August salaries payable and $800 for September.
6 Received $5,400 cash from customers in payment of accounts.
11 Received $8,800 cash for services performed in September.
12 Sold common shares for $5,000.
17 Purchased supplies on account, $2,000.
21 Paid creditors $7,000 of accounts payable due.
24 Paid September and October rent, $2,000 ($1,000 per month).
25 Paid salaries, $2,200.
26 Performed services on account, $1,600.
27 Received $1,300 from customers for services to be provided in the future.
28 Paid a cash dividend, $500.
28 Paid income tax for the month, $600.
Adjustment data for the month:
1. Supplies on hand total $800.
2. Accrued salaries payable are $1,600.
3. Accrued service revenue for $600.
4. The equipment has a useful life of 10 years.
5. Unearned revenue of $800 has been earned.
Instructions
(a) Prepare T accounts, and enter the opening balances at September 1.
(b) Prepare and post the September transaction entries.
(c) Prepare a trial balance at September 30.
(d) Prepare and post the adjusting journal entries for the month.
(e) Prepare an adjusted trial balance at September 30.
(f) Prepare (1) an income statement, (2) a statement of changes in equity, and (3) a statement of financial position.

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Credit Cash Accounts receivable Supplies Equipment Accumulated depreciation Debit $9,760 7,440 1,600 30,000 equipment Accounts payable Salaries payable Unearned revenue Common shares Retained earnings $3,000 6200 1,A00 800 20,000 17,400 $48,800 $48,800