Crazy Mountain Outfitters Co., an outfitter store for fishing treks, prepared the following unadjusted trial balance at the end of its first year of operations:

Crazy Mountain Outfitters Co.
Unadjusted Trial Balance
April 30, 20Y5
	Debit Balances		Credit Balances
Cash	14,610
Accounts Receivable	97,000
Supplies	23,370
Equipment	485,680
Accounts Payable			22,790
Unearned Fees			25,710
Common Stock			55,000
Retained Earnings			277,000
Dividends	19,280
Fees Earned			584,320
Wages Expense	135,560
Rent Expense	103,420
Utilities Expense	74,210
Miscellaneous Expense	11,690
	964,820		964,820

For preparing the adjusting entries, the following data were assembled:

• Supplies on hand on April 30 were $8,630.
• Fees earned but unbilled on April 30 were $10,580.
• Depreciation of equipment was estimated to be $14,610 for the year.
• Unpaid wages accrued on April 30 were $1,870.
• The balance in unearned fees represented the April 1 receipt in advance for services to be provided. Only $20,310 of the services was provided between April 1 and April 30.

Required:

1. Journalize the adjusting entries necessary on April 30, 20Y5. If an amount box does not require an entry, leave it blank.

Apr. 30		fill in the blank 59c998fef01d01a_2	fill in the blank 59c998fef01d01a_3
		fill in the blank 59c998fef01d01a_5	fill in the blank 59c998fef01d01a_6
30		fill in the blank 59c998fef01d01a_8	fill in the blank 59c998fef01d01a_9
		fill in the blank 59c998fef01d01a_11	fill in the blank 59c998fef01d01a_12
30		fill in the blank 59c998fef01d01a_14	fill in the blank 59c998fef01d01a_15
		fill in the blank 59c998fef01d01a_17	fill in the blank 59c998fef01d01a_18
30		fill in the blank 59c998fef01d01a_20	fill in the blank 59c998fef01d01a_21
		fill in the blank 59c998fef01d01a_23	fill in the blank 59c998fef01d01a_24
30		fill in the blank 59c998fef01d01a_26	fill in the blank 59c998fef01d01a_27
		fill in the blank 59c998fef01d01a_29	fill in the blank 59c998fef01d01a_30

2. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co. before the adjusting entries.

Revenues	$fill in the blank a7316d04202afbb_1
Expenses	fill in the blank a7316d04202afbb_2
Net income	$fill in the blank a7316d04202afbb_3

3. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co. after the adjusting entries.

Revenues	$fill in the blank a7316d04202afbb_4
Expenses	fill in the blank a7316d04202afbb_5
Net income	$fill in the blank a7316d04202afbb_6

4. Determine the effect of the adjusting entries on Retained Earnings. Retained Earnings by $fill in the blank a7316d04202afbb_8.