It cuttoff so i added another screenshot for it to be seen! Thank you and if done I will rate! (Also disregard the Adj entries. Not need for this!)

December Transactions: Dec. 1 Amber Kim, Owner contributed land on the river (worth $85.000) and a small building to use as a rental office (worth $35,000) in exchange for capital. (First transaction has been done for you - see Journal Entries and T-Accounts) 1 Prepaid $3,000 for three months' rent on the warehouse where the company stores the kayaks. 2 Purchased kayaks signing a note payable for $7,200 4 Purchased office supplies on account for $500. 9 Received $4,700 cash for kayak rentals to customers. 15 Rented kayaks to customers for $3,500, but will be paid next month. 16 Received a $850 deposit from a kayak rental group that will use the kayaks next month. 18 Paid the utilities ($150) and telephone bills ($175) from last month. 19 Paid various accounts payable, $2.000. 20 Received bills for the telephone ($250) and utilities ($300) which will be paid later. 30 Paid wages of $1,800 31 Amber Kim withdrew cash of $400 from the business. Adjusting Entries (see Chapter 3 for examples of adjusting entries) At December 31, the business gathers the following information for the adjusting entries: a. Office supplies on hand, $200 b. Rent of one month has been used. (Hint: see Chapter 3 for adjusting for prepaids) c. Determine the depreciation on the building using straight-line depreciation. Assume the 2 2 3 4 5 See the first journal entry and T-Account posting done for you as an example Explanations are not needed. DECEMBER - Journal Entries 5 co 6 7 Credit 8 Date Accounts 1-Dec Land Building Kim, Capital Debit 85,000 35,000 120,000 . 1-Dec 9 10 11 12 13 14 15 16 2-Dec 17 4-Dec 9-Dec 15-Dec 16-Dec 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 18-Dec 19-Dec 20-Dec 40 20-Dec Journal Entries - December T-Accounts Unadjusted Trial Balance Adjusting Jou Ready 19-Dec 20-Dec 20-Dec 31-Dec 31-Dec