Do the Journal Entries using the account info provided..........

Indiana Jones, Inc. Summary of Account Balances 1/1/2005 (Beginning Balances) Balances Accounts 90, Short-term Investments Accounts Receivable Allowance for Doubtful Accounts Interest Receivable Office Supplies 35,000 (8,000) 2,000 32,000 ASSETS Merchandise Inventory Prepaid Insurance Land Building Accumulated Depreciation Building Equipment 40,000 50,000 300,000 (60,000) 400,000 (50,000) 25,000 40,000 25,000 35,000 5,000 LIABILITIES 20,000 22,500 Intangible Asset-Patent Accounts Payable Salaries Payable Income Taxes Payable Unearned Revenue Dividends Payable Interest Payable Notes Payable Common Stock Additional Paid-in Capital Retained Eamings Sales Revenue Sales Discounts Sales Allowances Service Revenue Interest Income Cost of Goods Sold Advertising Expense Office Supplies Expense Salaries Expense Utilities Expense Insurance Expense Bad Debt Expense Depreciation Expense 300,000 100,000 180,000 EQUITY REVENUES EXPENSES Miscellaneous Expense Interest Expense ncome Tax Expense Totals Indiana Jones, Inc. Summary of Account Balances 1/1/2005 (Beginning Balances) Balances Accounts 90, Short-term Investments Accounts Receivable Allowance for Doubtful Accounts Interest Receivable Office Supplies 35,000 (8,000) 2,000 32,000 ASSETS Merchandise Inventory Prepaid Insurance Land Building Accumulated Depreciation Building Equipment 40,000 50,000 300,000 (60,000) 400,000 (50,000) 25,000 40,000 25,000 35,000 5,000 LIABILITIES 20,000 22,500 Intangible Asset-Patent Accounts Payable Salaries Payable Income Taxes Payable Unearned Revenue Dividends Payable Interest Payable Notes Payable Common Stock Additional Paid-in Capital Retained Eamings Sales Revenue Sales Discounts Sales Allowances Service Revenue Interest Income Cost of Goods Sold Advertising Expense Office Supplies Expense Salaries Expense Utilities Expense Insurance Expense Bad Debt Expense Depreciation Expense 300,000 100,000 180,000 EQUITY REVENUES EXPENSES Miscellaneous Expense Interest Expense ncome Tax Expense Totals