I cant get my debits and credits to balance to equal to $15,669 after my adjusting entries.

ACCOUDINome Cash ACCOUNTS Beces Prepalall sign Adjusted Trial Balance Blue Raiders Adventure Park Manin Ended September 30 Dent Credit $ 39201 MIS Receivable 510 Supplies 021 Pald Insurance 410 quipment 1993 Accumulated Depreciation Equipes 731 Accumulated Depreciation Sign mulated Depreciation-ion 13 Activity Courses 5521 cumulated Depreciation Activity Courses 04 33.585- Accounts Payable $ 4120 $42.745 Wages Payable $ 120 Uncanned Revenue 245 Interest Payable 420 Nares Paudple 7000 M. Lapinski, Capital 5000 - 3.785 MiLapinski, Withdrawals Ticket Revenue 2535 Advertising Expense 2001 Depreciation Expense Insurance Expense 4201 Interest Expense Mowing Expense 15 Supplies Expense 1921 Wages Expense 495 Total Miranda Lynch Blue Raider Adventure Park GENERAL JOURNAL Date Credit Debit 5.000 301 LOGLO 215 150 od 700 Description Aug 1 Cash M Lapinski, Capital Aug cash Notes payable Aug 1 Equipment cash Aug 15 Sign Accounts Payable RwAug 20 Advertising Expense Cash p3 1925 101 1925 1150 TECI e lp 1300l 300 167 502al Aug 28 AVINY Courses cash 1562d Sept 1 Prepaid Insurance cash 2 Sept Supplies Accounts Payable 23/ 23 Septio cash Ticket Revenue 101 91 403 2011 7150 Sept 14 Accounts Payable Cash Sept 1 Accounts Receivable Ticket Revenue 100 403 aleo GENERAL JOURNAL Sept 18 Mowing Expenses 653 101 6715 Sept 22 Cash It als Ticket Revenues 403 Sept 24 Cash LOLLA50 Accounts Receivabic 106 Sept. 29Wages Expense l e82 365 Cash 101 450 365 Sept 28 M. Lapinski, withdraws202] Cash nal Bold 81010 345 345 Sept 30 Cash Unearned Revenue 2360 ept. 20/ Insurance expenses Prepaid insurance 120cm + Bolinterest Expense Interesi payable 6040 1240 1670 20 Supplies Expense Supplies 30/ wages Expense Wages Payable 210 20 Depreciation Expense 625 Accumulated Depreciation de GENERAL JOURNAL 1914 Sept 20 Accumlared Deprecated ille iles sign Sept. 30 Accumulared DepreciokedI68 Activity Courses 7 Sept 30 Accumulated Depreciation 164 Equipment 15 sign ACCONES Dovanie TON 15 TSC 12015 August 1 August 7 August 15 Chapter 2 (Accounting Cycle Steps 2, 3, 4) ACCOUNTING CYCLE STEP 2: Journalize each of the following transactions in the general journal; you may mit explanations. Use the general ournal working Raider Adventure Park (BRAP papers in your packet. Matt opens a business checking account in the met Matt had previously withdrawn this $5.000 from his personal savings a l deposit of Matt is unable to borrow money from the local bank given is youth, lack of business exper on lack of a substantial credit history. However, his grandfather fully supports Matt's efforts to an entrepreneur, so he loans Matt $7,000 at 6% interest to be repaid in two years. Man co these funds into the BRAP checking account Matt goes to Play It Again Sports and pays $1.925 to purchase gently used canoes, paddies ejackets, Ziplining harnesses, etc. to be used the park. These items will collectively be idemo "Equipment in the accounting records.) Matt purchases a large, attractive in for the new park at a cost of S750. The son maker knows Mais family, so she agrees to extend credit to BPAP for 30 days August 20 BRAP pays $300 to create, print and distribute theers to all the local schools and youth organation advertise that the new park will open on September 1. August 28 DRAP pays a total of $5,620 to have the child anropriate obstacle and ripline courses constructed that same day, inspection and certification are included in these amounts. (These two courses will collectively be identified as "Activity Courses in the accounting records September 1 Matt recognizes the fact that he could be sued if a child gets hurt in the park, so BRAP pays $615 to purchase 3 months of general liability insurance for coverage from September 1 through November 30. September 7 Matt establishes a 30-day credit account at a local business on behalf of BRAP. He immediately uses the account to purchase $460 in various supplies for the park. September 10 BRAP sells 60 tickets for $15 each to local school children for admission to the park on that same day. (All ticket sales by BRAP are cash sales unless otherwise noted.) September 14 | BRAP pays for the sign purchased on August 15. September 17 The Boys and Girls Club of Rutherford County brings 80 disadvantaged children to BRAP. Matt agrees to accept a reduced price of $12.00 per ticket and wait 30 days to receive payment, which will be paid by the Club rather than by the children, September 18 BRAP pays $75 to have the grass mowed at the park. September 22 | BRAP sells 45 tickets for $15 each for children in two local Boy Scout troops for admission to the park on that same day. September 24 BRAP receives a check from the Boys and Girls Club of Rutherford County in the amount of $450 to partially pay for the tickets purchased on September 17. September 25 BRAP pays wages in the amount of $365 to two of Matt's friends who worked on days when children were in the park to assist the children with the various activities. September 28 Matt is satisfied that BRAP has more than a sufficient amount of operating cash in its checking account, so he writes himself a company check for $800 and deposits it into his own personal checking account. September 30 BRAP receives a check in the amount of $345 from Ms. Hughes, a local teacher, to purchase tickets for her 2 graders. She plans to bring them to BRAP for a field trip on October 3. Helpful Journalizing is the process of recording each transaction in the general journal in chronological (date) order using appropriate account titles and properly characterizing the increase or decrease to each account as either a debit or a credit, based on the account's normal balance. Debit lines are listed first, credits account titles are slightly indented, and DEBIT AMOUNTS MUST EQUAL CREDIT AMOUNTS for each and every individual transaction. Hints Credit line has to go Second Finale di notes bauble Chapter 3 (Accounting Cycle Steps 5, 6, & 7) ACCOUNTING CYCLE STEP 5: Adjust the appropriate accounts of B.RAP based on the following information. This step involves journalising the adjusting entries in the general journal and posting them to the general ledger, using the cross-reference procedure described in accounting cycle step 3. (Note: Add these transactions to the general journal and general ledger that you began in the Chapter 2 section of this packet.) September 30 One month of the general liability insurance coverage that began on September 1 has now expired. September 30 Accrue interest on the $7,000, 6% loan issued on August 1 even though payment on the principal and interest will not be made until the note matures in two years. (Round to the nearest dollar, if necessary.) September 30 Matt determined that $182 of the supplies purchased on September 7 remained unused September 30 You consult with a fellow student who has already completed ACTG 2110, and he helps you calculate depreciation as follows: Equipment - $32; Sign: $13, and Activity Courses - $94. (Note: use separate Accumulated Depreciation accounts for each asset, but report the total amount of Depreciation Expense in a single account.) September 30 Accrue wages of $120. The employees earned these wages in September, but will not be paid until October Helpful Hints While there are no source documents to prompt us to record adjusting entries, adjusting entries are an important element of matching revenues and expenses to provide GAAP compliant financial statements. Each adjusting entry affects an income statement account (revenue or expense) and a balance sheet account (asset or liability), so omitting an adjusting entry or making an error in the amount of the adjusting entry makes the income statement, the statement of owner's equity, and the balance sheet incorrect Some helpful hints to keep in mind as you write adjusting entries: As previously noted, each adjusting entry affects an income statement account and a balance sheet account. No adjusting entry affects the Cash account. b) te