Journalize the required adjusting entries for the year ended December 31 for Butler Spa and Pool Accessories. Butler Spa and Pool Accessories uses the periodic inventory system.

a-b.		On December 31, a physical count of inventory was taken. The physical count
		amounted to $22,624. The Merchandise Inventory account shows a balance of
		$21,696.
c.		On July 1 of this year, $2,400 was paid for a one-year insurance policy.
d.		On November 1 of this year, $420 was paid for three months of advertising.
e.		As of December 31, the balance of the Unearned Membership Fees account is
		$15,600. Of this amount, $9,200 has been earned.
f.		Equipment purchased on May 1 of this year for $8,000 is expected to have a
		useful life of five years with a trade-in value of $500. All other equipment has
		been fully depreciated. The straight-line method is used.
g.		As of December 31, three days' wages at $250 per day had accrued.
h.		As of December 31, the balance of the supplies account is $4,200. A physical
		inventory of the supplies was taken, with an amount of $1,650 determined to be
		on hand.

GENERAL JOURNAL				PAGE
DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT
20--	Adjusting Entries
(a) Dec. 31
(b) Dec. 31
(c) Dec. 31
(d) Dec. 31
(e) Dec. 31
(f) Dec. 31
(g) Dec. 31
(h) Dec. 31