(((( USING THE JOURNAL ENTRIES AND USING THE GIVIN TABLES))))

1. You own a zoo in Lefke. Regular visitors of the zoo pay in advace. Advance payments are credited to an account entitled Unearned Admissions Revenue. Most guests pay at the entrance and the amounts collected are credited to Admissions Revenue. The following information is available as a source for preparing the adjusting entries at December 31, 2020 (only for the month of December). Bear in mind that adjusting entreis have already been made for the first 11 months of 2020, but not for December USE ONLY the following account names. Please Do not make up your account names Accounts Payable Concessions Revenue Receivable Interest Payable Accounts Receivable Prepaid Advertising Painting Expense Accumulated Depreciation Depreciation Expense Rent Expense Admissions Revenue Prepaid Rent Unexpired Insurance Advertising Expense Income Taxes Expense Animal Food Supplies Animal Food Supplies Expense Income Taxes Payable Salaries Expense Concessions Revenue Salaries Payable Unearned Admissions Revenue Insurance Expense Interest Expense Water Expense Bus Rental Expense 5. The company purchased a 12-month insurance on August 1, 2020 for $2400. Show calculations where necessary. (7 points). Calculations: Date Debit Credit Db Cr 6. The zoo used $400 worth of animal food in December, 2020. Show calculations where necessary. (7 points) Calculations: Date Debit Credit Db Cr 7. The zoo owns a van which is being depreciated over a period of 10 years. The van was bought for $18000. Show calculations where necessary. 16 points). Calculations: Date Debit Credit Db Cr