CALCULATOR FULL S Presented below is the trial balance of the Bonita Golf Club, Inc. as of December 31. The books are closed annually on December 31. BONITA GOLF CLUB, INC. TRIAL BALANCE DECEMBER 31 Debit Credit Cash $16,630 Accounts Receivable 14,600 Allowance for Doubtful Accounts $1,100 Prepaid Insurance 9,240 Land 367,100 Buildings 150,000 Accumulated Depreciation-Buildings 37,971 Equipment 161,600 Accumulated Depreciation-Equipment 74,040 Common Stock 361,600 Retained Earnings 176,272 Dues Revenue 211,700 Green Fees Revenue 6,187 Rent Revenue 18,700 Utilities Expenses 58,700 Salaries and Wages Expense 81,400 Maintenance and Repairs Expense 28,300 $887,570 $887,570 ( 1) From the trial balance and the information given below, prepare annual adjusting entries. (Credit account titles are automatically indented when amount is enten indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts.) (1) The buildings have an estimated life of 30 years with no salvage value (straight-line method). (2) The equipment is depreciated at 10% per year. (3) Insurance expired during the year $3.420. (4) The rent revenue represents the amount received for 11 months for dining facilities. The December rent has not yet been received. (Use Rent Receivable account.) (5) It is estimated that 12% of the accounts receivable will be uncollectible. (6) Salaries and wages earned but not paid by December 31, $3,272. (7) Dues received in advance from members $8,870, were recorded as Dues Revenue No. Account Titles and Explanation Debit Credit