Arrow Hospitality prepares adjustments monthly and showed the following at September $30,2023$:

ARROW HOSPITALITY

Trial Balances

September $30,2023$

Unadjusted Adjusted

Trial Balance Adjustments Trial Balance

Account Dr$.$  Cr$.$  Dr$.$ Cr$.$  Dr$.$ Cr$.$

Cash $ $6,500$ 

Accounts receivable $11,700$ 

Repair supplies $2,450$ 

Prepaid rent $14,500$ 

Office furniture $28,900$ 

Accounts payable $ $8,500$ 

Notes payable $23,600$ 

Eli Arrow, capital $68,408$ 

Eli Arrow, withdrawals $5,500$ 

Hospitality revenues $133,000$ 

Salaries expense $146,500$ 

Wages expense $17,458$ 

Totals $ $233,508$  $ $233,508$ 

Additional information available for the month ended September $30,2023$:

Interest of $$177$ had accrued on the notes payable for the month of September.

The office furniture was acquired on September $1,2023,$ and has an estimated four$-$year life. The furniture will be sold for about $$2,500$ at the end of its four$-$year life.

A count of the Repair Supplies revealed a balance on hand of $$750.$

A review of the Prepaid Rent account showed that $$12,000$ had been used during September.

Accrued wages of $$3,050$ had not been recorded at month$-$end.

The September Internet bill for $$120$ had been received and must be paid by October $14.$

Accrued revenues of $$6,700$ were not recorded at September $30.$

Required:

$1.$ Complete the adjusted trial balance by including the adjusting entries.

$2-$a$.$ Prepare an income statement based on the adjusted trial balance completed in Part $1.$

$2-$b$.$ Prepare a statement of changes in equity based on the adjusted trial balance completed in Part $1.$ Assume that the owner, Eli Arrow, made an investment during September of $$4,100.$

$2-$c$.$ Prepare a balance sheet based on the adjusted trial balance completed in Part $1.$ Assume that the owner, Eli Arrow, made an investment during September of $$3,600.$