Hi , can you help me with this question please.

The following is the unadjusted trial balance for Panorama Resort Inc. at its year end, December 31, 2018. The company adjusts its accounts annually.

Debit

Credit

Cash

$ 42,580

Accounts receivable

17,935

Supplies

12,980

Prepaid insurance

10,200

Land

85,000

Buildings

310,000

Accumulated depreciationbuildings

$ 62,000

Accounts payable

14,600

Unearned revenue

44,520

Note payable, due 2021

148,000

Common shares

80,000

Retained earnings

62,000

Rent revenue

Salaries expense

348,200

525,000

Utilities expense

39,395

Repairs and maintenance expense

21,560

Interest expense

7,850

Income tax expense

21,000

$874,120

$874,120

Additional information is provided below:

1.A count of supplies on December 31st shows $4,150 of supplies on hand.

2.The building has an estimated 20 year life with no residual value and straight-line depreciation is used.

3.Salaries of $1,640 were unpaid on December 31st.

4.Rental revenue for 5 nights at $150 per night during the last week of December has not been paid (received) or recorded.

5.A two year insurance policy was purchased September 1, 2018.

6.Income tax payable is estimated to be $1,920.

7.Of the unearned revenue, it was determined that $28,500 remains unearned.

8.Interest on the note payable is $785 per month and was last paid on October 31, 2018.

9.The December utility bill of $3,380 has not year been recorded or paid.

REQUIRED:

Prepare all necessary adjusting journal entries for their year-end, December 31, 2018. Omit explanations but show calculations.Round all calculations to the nearest dollar.

Adjustment #

Account Titles

Debit

Credit