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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 Cr $8,777 10,492 1,458 2,231 18,460 $8,777 11,549 647 1,226 18,460 Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Rent Revenue Common Stock Dividends Service Revenue Rent Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense $ 743 9,200 2,472 729 92 1,047 22,190 $0 9,200 2,472 1,885 22,190 1,566 1,566 16,748 1,446 17,805 2,284 7,576 1,894 8,305 2,899 743 811 1,487 92 1,487 53,941 53,941 $ 56,562 $56,562 ournalize the annual 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 ept. 30 (To record accrued revenue.) ept. 30 (To record prepaid rent.) ept. 30 (To record supplies used.) Sept. 30 (To record depreciation.) ept. 30 (To record interest.) ept. 30 (To record unearned rent revenue.) ept. 30 (To record accrued salaries.) Prepare an income statement for the 3 months ending September 30, 2015 EVERETT CO Income Statement For the Quarter Ended September 30, 2015 Prepare a statement of retained earnings for the 3 ntns ending September 30, 2015. (List items that in EVERETT CO. Retained Earnings Statement For the Quarter Ended September 30, 2015 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare a balance sheet at September 30. (List assets in order of liquidity.) EVERETT CO Balance Sheet September 30, 2015 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) SHOW LIST OF ACCOUNTS LINK TO TEXT 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 Cr $8,777 10,492 1,458 2,231 18,460 $8,777 11,549 647 1,226 18,460 Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Rent Revenue Common Stock Dividends Service Revenue Rent Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense $ 743 9,200 2,472 729 92 1,047 22,190 $0 9,200 2,472 1,885 22,190 1,566 1,566 16,748 1,446 17,805 2,284 7,576 1,894 8,305 2,899 743 811 1,487 92 1,487 53,941 53,941 $ 56,562 $56,562 ournalize the annual 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 ept. 30 (To record accrued revenue.) ept. 30 (To record prepaid rent.) ept. 30 (To record supplies used.) Sept. 30 (To record depreciation.) ept. 30 (To record interest.) ept. 30 (To record unearned rent revenue.) ept. 30 (To record accrued salaries.) Prepare an income statement for the 3 months ending September 30, 2015 EVERETT CO Income Statement For the Quarter Ended September 30, 2015 Prepare a statement of retained earnings for the 3 ntns ending September 30, 2015. (List items that in EVERETT CO. Retained Earnings Statement For the Quarter Ended September 30, 2015 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare a balance sheet at September 30. (List assets in order of liquidity.) EVERETT CO Balance Sheet September 30, 2015 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) SHOW LIST OF ACCOUNTS LINK TO TEXT