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Bob Night opened "The General's Favorite Fishing Hole. "The fishing camp is open from April through September and attracts many famous college basketball coaches during the off-season. Guests typically register for one week, arriving on Sunday afternoon and returning home the following Saturday afternoon. The registration fee includes room and board, the use of fishing boats, and professional instruction in fishing techniques.

Ledger balances for The General's Favorite Fishing Hole at the end of April are as follow:

Accounts Payable	$66,500
Bob Night, Capital	90,000
Bob Night, Drawing	6,000
Cash	130,650
Fishing Boats	60,000
Food Supplies	38,700
Office Supplies	500
Postage Expense	150
Prepaid Insurance	9,000
Registration Fees	171,700
Rent Expense	40,000
Phone Expense	1,200
Utilities Expense	2,000
Wages Expense	40,000

Adjustment information for the end of April is provided below.

(a)	Office supplies remaining on hand, $100.
(b)	Food supplies remaining on hand, $8,000.
(c)	Insurance expired during the month of April, $1,500.
(d)	Depreciation on the fishing boats for the month of April, $1,000.
(e)	Wages earned, but not yet paid, at the end of April, $500.

Required:

5. Journalize the adjusting entries (page 5). Do not enter the posting references until you complete part 6.

GENERAL JOURNAL				PAGE 5
DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT
20--
(a)	CashOffice SuppliesOffice Supplies ExpenseOffice Supplies PayableOffice Supplies Receivable	fill in the blank 2	fill in the blank 3
	CashOffice SuppliesOffice Supplies ExpenseOffice Supplies PayableOffice Supplies Receivable	fill in the blank 5		fill in the blank 6
(b)	CashFood SuppliesFood Supplies ExpenseFood Supplies PayableFood Supplies Receivable	fill in the blank 8	fill in the blank 9
	CashFood SuppliesFood Supplies ExpenseFood Supplies PayableFood Supplies Receivable	fill in the blank 11		fill in the blank 12
(c)	CashInsurance ExpenseInsurance PayableInsurance ReceivablePrepaid Insurance	fill in the blank 14	fill in the blank 15
	CashInsurance ExpenseInsurance PayableInsurance ReceivablePrepaid Insurance	fill in the blank 17		fill in the blank 18
(d)	CashAccounts PayableAccumulated Depreciation-Fishing BoatsDepreciation Expense-Fishing BoatsFishing Boats	fill in the blank 20	fill in the blank 21
	CashAccounts PayableAccumulated Depreciation-Fishing BoatsDepreciation Expense-Fishing BoatsFishing Boats	fill in the blank 23		fill in the blank 24
(e)	CashWages ReceivableWages ExpenseWages PayableWages Revenue	fill in the blank 26	fill in the blank 27
	CashWages ReceivableWages ExpenseWages PayableWages Revenue	fill in the blank 29		fill in the blank 30

6. Post the adjusting entries to the general ledger. If an amount box does not require an entry, leave it blank. After posting to the general ledger, go to part 5 and complete the posting.

GENERAL LEDGER
ACCOUNT	Office Supplies				ACCOUNT NO.	142
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 29					500.00
Apr. 30	Adjusting	J5	fill in the blank 31	fill in the blank 32	fill in the blank 33	fill in the blank 34

ACCOUNT	Food Supplies				ACCOUNT NO.	144
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 30					38,700.00
Apr. 30	Adjusting	J5	fill in the blank 35	fill in the blank 36	fill in the blank 37	fill in the blank 38

ACCOUNT	Prepaid Insurance				ACCOUNT NO.	145
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 29					9,000.00
Apr. 30	Adjusting	J5	fill in the blank 39	fill in the blank 40	fill in the blank 41	fill in the blank 42

ACCOUNT	Accumulated DepreciationFishing Boats				ACCOUNT NO.	181.1
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 30	Adjusting	J5	fill in the blank 43	fill in the blank 44	fill in the blank 45	fill in the blank 46

ACCOUNT	Wages Payable				ACCOUNT NO.	219
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 30	Adjusting	J5	fill in the blank 47	fill in the blank 48	fill in the blank 49	fill in the blank 50

ACCOUNT	Wages Expense				ACCOUNT NO.	511
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 29					40,000.00
Apr. 30	Adjusting	J5	fill in the blank 51	fill in the blank 52	fill in the blank 53	fill in the blank 54

ACCOUNT	Office Supplies Expense				ACCOUNT NO.	523
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 30	Adjusting	J5	fill in the blank 55	fill in the blank 56	fill in the blank 57	fill in the blank 58

ACCOUNT	Food Supplies Expense				ACCOUNT NO.	524
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 30	Adjusting	J5	fill in the blank 59	fill in the blank 60	fill in the blank 61	fill in the blank 62

ACCOUNT	Insurance Expense				ACCOUNT NO.	535
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 30	Adjusting	J5	fill in the blank 63	fill in the blank 64	fill in the blank 65	fill in the blank 66

ACCOUNT	Depreciation ExpenseFishing Boats				ACCOUNT NO.	542
					BALANCE
DATE	ITEM	POST. REF.	DEBIT	CREDIT	DEBIT	CREDIT
20--
Apr. 30	Adjusting	J5	fill in the blank 67	fill in the blank 68	fill in the blank 69	fill in the blank 70