Only the question on 10d photo. Thanks! 2-c. Prepare a balance sheet based on the adjusted trial balance completed in Part 1. Assume that the owner, Eli Arrow, made aninvestment during September of $3.600.ARROW HOSPITALITYBalance SheetSeptember 30, 2020AssetsTotal AssetsLiabilitiesTotal LiabilitiesEquityTotal Liabilities and Equity UnadjustedAdjustedTrial BalanceAdjustmentsTrial BalanceAccountDebitCreditDebitCreditDebitCreditCash6.0006.000Accounts receivable11,2006,20017,400Repair supplies2,2001,500700Prepaid rent14,00010,0004,000Office furniture28.00026.000Accounts payable8,0008,000Notes payable21,60021,600Eli Arrow, capital67,75867,758Eli Arrow, withdrawals5.0005.000Hospitality revenues128,0006,200134,200Salaries expense144.000144.000Wages expense18,9582,80019,758Totals225,358$ 225,358Interest expense162162Interest payable162162Depreciation expense, office furniture500500Accumulated depreciation, office furniture500500Repair supplies expense1,5001,500Rent expense10,00010.000Wages payable2,8002,800Internet expense100Totals21,16221.262235,020$ 235.020

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. ARROW HOSPITALITY Balance Sheet September 30, 2020 Assets Total Assets Liabilities Total Liabilities Equity Total Liabilities and Equity

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. ARROW HOSPITALITY Balance Sheet September 30, 2020 Assets Total Assets Liabilities Total Liabilities Equity Total Liabilities and Equity

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter10: Accounting For Sales And Cash Receipts

Section: Chapter Questions

Problem 3MC

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