At December 31 the office supplies on hand totalled $500.
b.	Prepaid rent of one month has been used. (Hint: See the second Dec. 1 transaction.)
c.	Determine the amortization on the building using straight-line amortization. Assume the useful life of the building is five years and the residual value is $9,000. (Hint: The building was purchased on December 1.)
d.	$430 of unearned revenue has now been earned. (Assume that the initial unearned revenue was recorded as a liability.)
e.	The employee who has been working the rental booth has earned $1,050 in salaries that will be paid January 15, 2021.
f.	Nature Gnome has earned $1,890 of canoe rental revenue that has not been recorded or received.
g.	Determine the amortization on the canoes purchased on November 3 using the straight-line method. Assume the useful life of the canoes is four years and the residual value is $0.
h.	Determine the amortization on the canoes purchased on December 2 using the straight-line amortization method. Assume the useful life of the canoes is four years and the residual value is $0.
i.	Interest expense of $110 has accrued on the note payable.

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