"pter 3 Homework Assignin Question 4 of 4 Current Attempt in Progress The accounts listed below appeared in the December 31 trial balance of the Waterway Theater Debit Credit $ 202,032 $63,420 144,000 Equipment Accumulated Depreciation Equipment Notes Payable Admissions Revenue Advertising Expense Salaries and Wages Expense Interest Expense 388,400 13,820 57,540 2,240 (a) From the account balances listed above and the information given below, prepare the annual adjusting entries necessary on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is require -l Question 4 of 4 (a) From the account balances listed above and the information given below, prepare the annual adjusting entries necessary on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is require select "No entry" for the account titles and enter o for the amounts. Round answers to decimal places, eg, 5,250.) (1) (2) The equipment has an estimated life of 16 years and a salvage value of $ 23,280 at the end of that time. (Use straight- line method.) The note payable is a 90-day note given to the bank on October 20 and bearing interest at 8%. (Use 360 days for denominator.) In December, 2,160 coupon admission books were sold at $ 30 each and recorded as Admissions Revenue. They could be used for admission any time after January 1. Advertising expense paid in advance and inclded in Advertising Expense $1,004. Salaries and wages accrued but unpaid $ 4.721. (3) (4) (5) No. Account Titles and Explanation Debit Credit (1) Question 4 of 4 (1) (2) (3) (4) 1