ACTG 121 - Financial Accounting Canvas Homework Assignment - 30 points The Lemur Golf Co., a golf adventure company, prepared this unadjusted trial balance at the end of the month: Credit 875 The Lemur Golf Company Unadjusted Trial Balance September 30, 2019 Account Name Debit Cash 21,610 Accounts Receivable 11,900 Prepaid Insurance 6,000 Supplies 1,820 Equipment 8,750 Accumulated Depreciation - Equip Automobile 26,750 Accounts Payable Uneared Golfing Revenue Contributed Capital Dividends 2,400 Retained Earnings Golfing Adventure Revenue Golf Lesson Revenue Salaries Expense 28,210 Rent Expense 13,790 Telephone Expense 5,250 Travel Expense 1,260 Interest Expense 14,870 142,610 10,585 2,800 37,800 20,000 55,550 15,000 142,610 Make the following adjusting journal entries for the month: a Depreciation: the equipment depreciation is $875 and automobile depreciation is $268. b Insurance: the prepaid account represents 6 months of insurance, adjust for Sept. c Salary: payday is every Friday (5-day work week), the weekly payroll is $2,000. Adjust for salaries accrued if the month ends on Tuesday. d The unearned golfing revenue represents two golf adventures; one adventure was completed during the month. Required: Prepare the adjusting journal entries. After preparing the adjusting entries, prepare an Adjusted Trial Balance. Prepare an Income Statement using the Adjusted Trial Balance. Prepare a Statement of Retained Earnings. Prepare a Balance Sheet