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. The following is trial balance for the year ended March 31, 2020.

No. 201 103 168 300 301 101 194 167 633 623 141 252 610 402 126 637 652 203 688 612 Account Accounts payable and accrued liabilities Accounts receivable Accumulated depreciation, equipment Becky Brenner, capital Becky Brenner, withdrawals Cash Copyright Equipment Insurance expense Interest expense Notes receivable, due January 1, 2023 Long-term notes payable Rent expense Revenues Supplies Supplies expense Telephone expense Unearned revenues Utilities expense Wages expense Totals Debit Credit $ 4,200 $ 8,400 7,400 48,750 35,000 10,250 9,050 28,000 2,340 320 12,100 27,300 7,600 74,155 335 2,770 2,390 10,200 2,450 51,000 $172,005 $172,005 The following is additional information that has not been included in the trial balance. a. On April 2. you received the telephone bill for the month of March for $505. b. On March 31. Adventure Element took a university student club zip-lining. An invoice had been sent to the student club for $1,860 due April 30. c. On March 31, the company held a teen's camp for $2.050. All tickets had been prepaid two weeks in advance. d. The equipment has an estimated useful life of 20 years. Use straight line method for depreciating Equipment. Required: 1. Prepare the missing adjusting entries for transactions a-d. Required: 1. Prepare the missing adjusting entries for transactions a-d. View transaction list Journal entry worksheet Record closing of revenue to the income summary, Note: Enter debits before credits. Date General Journal Debit Credit Mar 31, 2020 Record entry Clear entry View general journal No. 201 103 168 300 301 101 194 167 633 623 141 252 610 402 126 637 652 203 688 612 Account Accounts payable and accrued liabilities Accounts receivable Accumulated depreciation, equipment Becky Brenner, capital Becky Brenner, withdrawals Cash Copyright Equipment Insurance expense Interest expense Notes receivable, due January 1, 2023 Long-term notes payable Rent expense Revenues Supplies Supplies expense Telephone expense Unearned revenues Utilities expense Wages expense Totals Debit Credit $ 4,200 $ 8,400 7,400 48,750 35,000 10,250 9,050 28,000 2,340 320 12,100 27,300 7,600 74,155 335 2,770 2,390 10,200 2,450 51,000 $172,005 $172,005 The following is additional information that has not been included in the trial balance. a. On April 2. you received the telephone bill for the month of March for $505. b. On March 31. Adventure Element took a university student club zip-lining. An invoice had been sent to the student club for $1,860 due April 30. c. On March 31, the company held a teen's camp for $2.050. All tickets had been prepaid two weeks in advance. d. The equipment has an estimated useful life of 20 years. Use straight line method for depreciating Equipment. Required: 1. Prepare the missing adjusting entries for transactions a-d. Required: 1. Prepare the missing adjusting entries for transactions a-d. View transaction list Journal entry worksheet Record closing of revenue to the income summary, Note: Enter debits before credits. Date General Journal Debit Credit Mar 31, 2020 Record entry Clear entry View general journal