The Beaver Zoo operates a drive-through tourist attraction in Manitoba. The company adjusts its accounts at the end of each month. The selected accounts appearing below reflect balances after adjusting entries were prepared on April 30. The adjusted trial balance shows the following:

Prepaid Rent.......................................................................... $ 8,000

Fencing.................................................................................... 30,000

Accumulated DepreciationFencing.......................................... 5,500

Unearned Revenue....................................................................... 500

Data used in preparing adjusting entries:

1. Three months' rent had been prepaid on April 1.

2. The fencing is being depreciated over a five-year period.

3. The unearned revenue represents tickets sold for future zoo visits. The tickets were sold at $4.00 each on April 1. During April, 25 of the tickets were used by customers.

Instructions

Prepare the 3 adjusting entries that were made by the Beaver Zoo on April 30.