Maquina Lodge, owned by Bob Palmiter, had the following account balances, in random order, on December 15, 2023 (all accounts have their “normal” balances):

The following events also took place during the final weeks of the year:

Required

1. Where appropriate, record each transaction from December 17 to 29 in the journal. Include an explanation for each entry.

2. Enter the correct opening balances for each T-account dated as December 15.

3. Post entries in T-accounts and calculate the balance of each one.

4. Prepare the unadjusted trial balance of Maquina Lodge at December 31, 2023.

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$309,000 Guest revenue. Accounts receivable. 8,800 Equipment rental expense....... 11,800 B. Palmiter, capital................... 209,800 2,800 Supplies expense. Mortgage payable Salaries expense.. Insurance expense. Building. 30,000 81,000 6,800 200,000 Furniture........... Cash...... Notes receivable. Utilities expense. Supplies inventory. Accounts payable. Office equipment.............. Boating equipment... Land. ..... $57,800 3,800 26,000 21,000 5,800 12,000 10,200 96,800 30,000