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IThe following information applies to the questons displayed belowl John's Boat Yard, Inc., repairs, stores, and cleans boats for customers. It is completing the accounting

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IThe following information applies to the questons displayed belowl John's Boat Yard, Inc., repairs, stores, and cleans boats for customers. It is completing the accounting process for the year just ended on November 30. The transactions for the past year he been journalized and posted. The following data with respect to adjusting entries at year-end are available: a. John's wintermed (cleaned and covered three boats for customers atthe end of November, but did not record the service for $2,900. b. october 1. John's paid $720 to the local newspaper for an advertisement to run every Thursday for 12 weeks. All ads have been run except for three Thursdays in December to c complete the 12-week contract. 11pencent annualinterest rate on Apri 1 ofthe current year to expand ts boat storage faculty. The loan requires to pay the interest quarterly un the note is repaid in three years. John's paid quarterly interest on July 1 and October d. The Johnson family paid John's 200 on November 1 to store its salboat for the winter until May of the next fiscal year John's credited the full amount to Uneamed Storage Reven e. John's used boat-ting equipment that cost $29oooo. $29000 was the estimated depreciation for current year. s46ooo. The year- t repair supplies on hand at the of the current year totaled $17600 Repair supplies purchased and debited to supplies during the year amounted to g count showed $11,800 of by supplies on hand. November unrecorded at November 30. The next payroll date wil be December 5 of the next fiscal year were unpaid and

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