B C naix B D E F G H K Typhoon Lagoon List of Accounts Year Ended December 31, 2020 Adj 1 Adj 2 Adj 3 Appendix A Adj 4 17,000 (43,750) Adj 5 175,000 33,000 20.000 Cash Accounts receivable Interest receivable Land Buildings (net of 290,000 depreciation) Equipment (net of 150,000 depreciation) Notes receivable Prepaid expenses Office supplies Inventories Accounts payable Deferred revenue Mortgage payable Interest payable Wages payable Common shares, 10,000 Issued Retained earnings Ticket sales Concessions and merchandise sales Cost of products sold Selling expense Salaries & wages expense Insurance expense 16,000 Dr 177,000 Dr 51,000 Dr 619,000 Dr 996,000 Dr 1,036,000 Dr 39,000 Dr 46,000 Dr 39,300 Dr 192,000 Dr 39,500 Cr 83,200 Cr 667,740 Cr 84,000 Cr 49,000 Cr 263,000 Cr 1.814,800 Cr 830,000 Cr 541,000 Cr 294,300 Dr 123,400 Dr 333,400 Dr Balance 16,000 177,000 51,000 619.000 996,000 1,036,000 39,000 46,000 39,300 192,000 (39,500) (83,200) (667,740) (84,000) (49.000) (263,000 (1,814,800 (830,000 (541,000 294 300 123,400 333,400 (20,000) (131,250) (36,000) (17,000) Adj 6 Adjusted Balance (65,000) (75,750) 1 offices 177,000 Account 51,000 2 no ent 619,000 3. cash 996.000 deferred 1,211,000 4. equipe 39,000 cash 79,000 account p 59,300 5. prepaid 65,000 257,000 account p (226,750) insurance (100,200) prepaid ir (667,740) 6. invento (84.000) cash (49.000) (263,000) (1.814 800) (830,000) (541,000) 294,300 123.400 333,400 3.000 3.000 Sheet1 Sheet2 + Mode Automatic Workbook Statistics re to search O 3 29C Mostly cloudy Give Feedback to Microsoft 100 ENG 240 PM IN 10/5/2021 Spelling Workbook Statistics Desktop App Check Accessibility Search 09 Show Changes F24 New CommentDelete comment Conversation Close fi Previous Comment Next Comment D Notes G H K A B D 21 Interest payable 84,000 Cr 22 Wages payable (84,000) 49,000 Cr 23 Common shares, 10,000 Issued (49,000) 263.000 Cr 24 Retained earnings (263,000) 1,814,800 Cr (1,814,800) 25 Ticket sales 830,000 Cr (830,000) 26 Concessions and merchandise sales 541,000 Cr (541,000) 27 Cost of products sold 294,300 Dr 294,300 28 Selling expense 123,400 Dr 123.400 29 Salaries & wages expense 333 400 Dr 333.400 30 Insurance expense 31 Interest expense 49.840 Dr 49.840 32 Depreciation expense 14,000 Dr 14,000 33 Supplies expense 13,000 Dr 13,000 34 Property tax expense 36,000 Dr 36,000 35 Income tax expense 32,000 Dr 32,000 36 General & administrative expense 160,000 Dr 160,000 37 Dividends declared 105,000 Dr 105,000 38 39 40 41 42 Note 1: Principal payments of $42,000 are due on the mortgage each year 43 Note 2: The cash balance consists of $25,000 with CIBC and a $9.000 overdraft with RBC 44 Note 3 No share transactions took place during the year 45 Note 4 $105,000 dividends were declared and paid 46 (84.000) cash (49,000) (263,000) (1.814 800) (830,000) (541.000) 294 300 123,400 333.400 3.000 49.840 14.000 13,000 36.000 32.000 160,000 105,000 3,000 Sheet1 Sheet2 - B C naix B D E F G H K Typhoon Lagoon List of Accounts Year Ended December 31, 2020 Adj 1 Adj 2 Adj 3 Appendix A Adj 4 17,000 (43,750) Adj 5 175,000 33,000 20.000 Cash Accounts receivable Interest receivable Land Buildings (net of 290,000 depreciation) Equipment (net of 150,000 depreciation) Notes receivable Prepaid expenses Office supplies Inventories Accounts payable Deferred revenue Mortgage payable Interest payable Wages payable Common shares, 10,000 Issued Retained earnings Ticket sales Concessions and merchandise sales Cost of products sold Selling expense Salaries & wages expense Insurance expense 16,000 Dr 177,000 Dr 51,000 Dr 619,000 Dr 996,000 Dr 1,036,000 Dr 39,000 Dr 46,000 Dr 39,300 Dr 192,000 Dr 39,500 Cr 83,200 Cr 667,740 Cr 84,000 Cr 49,000 Cr 263,000 Cr 1.814,800 Cr 830,000 Cr 541,000 Cr 294,300 Dr 123,400 Dr 333,400 Dr Balance 16,000 177,000 51,000 619.000 996,000 1,036,000 39,000 46,000 39,300 192,000 (39,500) (83,200) (667,740) (84,000) (49.000) (263,000 (1,814,800 (830,000 (541,000 294 300 123,400 333,400 (20,000) (131,250) (36,000) (17,000) Adj 6 Adjusted Balance (65,000) (75,750) 1 offices 177,000 Account 51,000 2 no ent 619,000 3. cash 996.000 deferred 1,211,000 4. equipe 39,000 cash 79,000 account p 59,300 5. prepaid 65,000 257,000 account p (226,750) insurance (100,200) prepaid ir (667,740) 6. invento (84.000) cash (49.000) (263,000) (1.814 800) (830,000) (541,000) 294,300 123.400 333,400 3.000 3.000 Sheet1 Sheet2 + Mode Automatic Workbook Statistics re to search O 3 29C Mostly cloudy Give Feedback to Microsoft 100 ENG 240 PM IN 10/5/2021 Spelling Workbook Statistics Desktop App Check Accessibility Search 09 Show Changes F24 New CommentDelete comment Conversation Close fi Previous Comment Next Comment D Notes G H K A B D 21 Interest payable 84,000 Cr 22 Wages payable (84,000) 49,000 Cr 23 Common shares, 10,000 Issued (49,000) 263.000 Cr 24 Retained earnings (263,000) 1,814,800 Cr (1,814,800) 25 Ticket sales 830,000 Cr (830,000) 26 Concessions and merchandise sales 541,000 Cr (541,000) 27 Cost of products sold 294,300 Dr 294,300 28 Selling expense 123,400 Dr 123.400 29 Salaries & wages expense 333 400 Dr 333.400 30 Insurance expense 31 Interest expense 49.840 Dr 49.840 32 Depreciation expense 14,000 Dr 14,000 33 Supplies expense 13,000 Dr 13,000 34 Property tax expense 36,000 Dr 36,000 35 Income tax expense 32,000 Dr 32,000 36 General & administrative expense 160,000 Dr 160,000 37 Dividends declared 105,000 Dr 105,000 38 39 40 41 42 Note 1: Principal payments of $42,000 are due on the mortgage each year 43 Note 2: The cash balance consists of $25,000 with CIBC and a $9.000 overdraft with RBC 44 Note 3 No share transactions took place during the year 45 Note 4 $105,000 dividends were declared and paid 46 (84.000) cash (49,000) (263,000) (1.814 800) (830,000) (541.000) 294 300 123,400 333.400 3.000 49.840 14.000 13,000 36.000 32.000 160,000 105,000 3,000 Sheet1 Sheet2