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Sheffield Corp. was organized on July 1, 2022. Quarterly financial statements are prepared. Information from the unadjusted and adjusted tabular summary on September 30, 2022 is shown as follows. The $16.280 in the revenue column includes Service Revenue $15,510 and Rent Revenue: $770. The $11,181 in the expense column includes Salaries and Wages $9,680, Rent $990, and Utilities $511 Assets Liabilities Cash Accts. Rec. Acc Depr- Equip. Prepd. Rent Accts. + + Supplies + + Equip. Notes . Sal/Wages Pay. + Pay Int. Pay Bal. 7.370 + 440+ 1.320 + 1.980 + 16,500 O 5,500+ 1.171 + 0 + 0 Adj. 1. Adj. 2 Adj. 3. Adj. 4 Adj. 5. Adj. 6. Adj. 7 Adj. Bal. 7.370 + 1.100 + 204 + 990 - 16,500 - 385 5.500 1,171 + 660 - 55 Sheffield Corp, was organized on July 1, 2022. Quarterly financial statements are prepared. Information from the unadjusted and adjusted tabular summary on September 30, 2022 is shown as follows. The $16,280 in the revenue column includes Service Revenue: $15,510 and Rent Revenue: $770. The $11,181 in the expense column includes Salaries and Wages $9,680, Rent $990, and Utilities $511. Liabilities Acc. Depr. Equip Stockholders' Equity Retained Earnings Notes Pay. Accts. Pay p. Sal./Wages Pay Unearn Rent. Rev. + Int. + Pay + Com. Stock + + Rev. Exp. Div 00 0 5,500 + 1.171 + 0+ 0 + 1,100+ 15.400 + 16,280 11,181 660 00 385 5,500 1,171 + 660 55+ 880 + 15,400 - 17.160 14,387 - 660

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