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Fill in the blanks The Sheridan Animal Encounters operates a drive through tourist attraction. The company adjusts its accounts at the end of each month.
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The Sheridan Animal Encounters operates a drive through tourist attraction. The company adjusts its accounts at the end of each month. The selected accounts appearing below reflect balances after adjusting entries were prepared on April 30. The adjusted trial balance shows the following: Prepaid Rent $18,240 Buildings 34,200 Accumulated Depreciation-Buildings 7,524 Unearned Ticket Revenue 685 Other data: 1. Three months' rent had been prepaid on April 1. 2. The buildings are being depreciated at $8,208 per year. 3. The unearned ticket revenue represents tickets sold for future visits. The tickets were sold at $5 each on April 1. During April, thirty of the tickets were used by customers. Calculate the following: 1. Monthly rent expense. 2. The age of the buildings in months. 3. The number of tickets sold on April 1. months tickets Prepare the adjusting entries that were made by the White Stripes Animal Encounters on April 30. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3. SHOW LIST OF ACCOUNTSStep by Step Solution
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