Hi,

Help me o solve this please- Problem 4-6A

*Course Hero * 5 Exercise 4-12 X 5 Question 3 - Chapter X Google Translate * | Problem 4-3A * *Course Hero X + X 2% ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252Fstudent%252Fcl... L . . . C Chapter 4 Assignment i Saved Help Save & Exit Submit Problem 4-6A Adjusting entries and closing entries LO1, 2, 4 3 Adventure Elements provides outdoor activities including ropes courses, rock climbing, and zip-lining. The company offers a unique experience for team building activities, camps for youth, and anyone seeking outdoor adventure. 25 The following is trial balance for the year ended March 31, 2023. points No. Account Debit Credit 201 Accounts payable and accrued liabilities $ 4,100 References 103 Accounts receivable $ 9,800 168 Accumulated depreciation, equipment 10,000 300 Becky Brenner, capital 43,500 301 Becky Brenner, withdrawals 38, 600 101 Cash 14,350 194 Copyright 11, 050 167 Equipment 38, 400 633 Insurance expense 2, 540 623 Interest expense 295 141 Notes receivable, due January 1, 2026 18,500 250 Long-term notes payable 25, 500 610 Rent expense 10, 200 402 Revenues 87, 350 126 Supplies 765 637 Supplies expense 2,550 652 Telephone expense 2,990 203 Unearned revenues 18, 200 688 Utilities expense 3,010 612 Wages expense 35, 600 Totals $188, 650 $188, 650 Mc Graw Hill of A G() ENG 10:45 UP O Type here to search P T.To/.1/1V*Course Hero * 5 Exercise 4-12 X 5 Question 3 - Chapter X Google Translate * | Problem 4-3A * *Course Hero X + X C 2% ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%2530%252F%252Fnewconnect.mheducation.com%252Fstudent%252Fcl... L . . . Chapter 4 Assignment i Saved Help Save & Exit Submit The following is additional information that has not been included in the trial balance. 3 a. On April 2, you received the telephone bill for the month of March for $750. b. On March 31, Adventure Element took a university student club zip-lining. An invoice had been sent to the student club for $3,550 due April 30. c. On March 31, the company held a teen's camp for $1,630. All tickets had been prepaid two weeks in advance. d. The equipment has an estimated useful life of 20 years. 25 points Use straight-line method for depreciating Equipment. References Required: 1. Prepare the missing adjusting entries for transactions a-d. View transaction list Journal entry worksheet 2 3 4 Record the accrual of telephone expense. Note: Enter debits before credits. Mc Graw Hill O Type here to search P of A G () ENG 10:47 UP T.TO/ .V/IV*Course Hero * 5 Exercise 4-12 X 5 Question 3 - Chapter X Google Translate * | Problem 4-3A * *Course Hero X + X C 2% ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252Fstudent%252Fcl... L . . . Chapter 4 Assignment i Saved Help Save & Exit Submit Acct. No Account Debit Credit 101 Cash 3 103 Accounts receivable 126 Supplies 141 Notes receivable, due January 1, 2026 167 Equipment 25 points 168 Accumulated depreciation, equipment 194 Copyright 201 Accounts payable References 203 Unearned revenues 250 Long-term notes payable 300 Becky Brenner, capital 301 Becky Brenner, withdrawals 102 Revenues 606 Depreciation expense, equipment 610 Rent expense 612 Wages expense 623 Interest expense 633 Insurance expense 637 Supplies expense 652 Telephone expense 688 Utilities expense Mc Graw Hill O Type here to search P of A 1 () ENG 10:49 UP T.TO/ .V/IV*Course Hero * 5 Exercise 4-12 X 5 Question 3 - Chapter X Google Translate * | Problem 4-3A * *Course Hero X + X C 2% ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252Fstudent%252Fcl... L . . . Chapter 4 Assignment i Saved Help Save & Exit Submit 3 3. Based on your adjusted trial balance, prepare the closing entries. Journalize the closing entries. View transaction list 25 points Journal entry worksheet 2 3 V References Record closing of revenue to the income summary. Note: Enter debits before credits. Date General Journal Debit Credit Mar 31, 2023 Mc Graw Hill P of A G () ENG 10:49 UP O Type here to search T.TO/ .V/1V