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

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eBook Calculator 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, 2015 Debit Balances Credit Balances Cash 12,370 Accounts Receivable Supplies Equipment 82.130 19,790 416,120 v Accounts Payable Unearned Fees Common Stock 19,300 21,770 55,000 231,000 Retained Earnings Dividends 16,330 Fees Earned 494,780 114,790 87,580 Wages Expense Rent Expense Utilities Expense Miscellaneous Expense 62,840 9,900 821,850 821,850 ress=false eBook Calculator For preparing the adjusting entries, the following data were assembled: Supplies on hand on April 30 were $7,310. Fees earned but unbilled on April 30 were $8,960 Depreciation of equipment was estimated to be $12,370 for the year. Unpaid wages accrued on April 30 were $1,580. The balance in unearned fees represented the April 1 receipt in advance for services to be provided. Only $17,200 of the services was provided between April 1 and April 30. Required: 1. Journalize the adjusting entries necessary on April 30, 2015. If an amount box does not require an entry, leave it blank. Apr. 30 30 30 II II II II ID II II II II II 30 30 2. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co, before the adjusting entries.

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