Journalize the adjusting and closing entries for Skydive Tours’ information shown in E4–2. Include explanations.

Data from E4–2

The unadjusted trial balance of Skydive Tours appears below:

Additional information at September 30, 2023:

a. The business had corporate sales that were not recorded yet in the amount of $840. It must accrue this service revenue.

b. Equipment amortization in the amount of $260 needs to be recorded.

c. The business needs to accrue salaries expense of $2,100 for work done but not yet recorded.

d. Prepaid rent used in the amount of $1,200.

e. Supplies worth $3,200 were used up during the period.

RequiredComplete the Skydive Tours worksheet for September 2023. What was net income for the month ended September 30, 2023?

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SKYDIVE TOURS Unadjusted Trial Balance September 30, 2023 Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated amortization-equipment Accounts payable Salaries payable R. Puri, capital R. Puri, withdrawals Service revenue Amortization expense-equipment Salaries expense Rent expense Utilities expense Supplies expense Total $ 14,240 11,880 2,400 6,780 65,200 6,000 0 3,600 0 1,560 0 $111,660 $5,680 10,320 0 72,060 23,600 $111,660