Using accounts from the unadjusted trial balance, prepare adjusting journal entries Post each adjusting journal entry to the general ledger

The following information concerns the adjusting entries to be recorded as of May 31, 2023 for Fantasyland Adventures Company: i) ) ii) iv) Depreciation - building Depreciation - rides $ 5,123 The following amount of supples are unused as of May 31, 2023: Supplies on hand at year end: $ 541 On March 28, 2023, a cheque was issued for a 1-vear insurance policy effective April 1, 2023. The cost of the policy was charged to insurance expense: Amount of cheque issued March 28, 2023: S 63,109 v) Fantasyland received a bill from a ride maintenance contractor on June 15, 2023. The bill pertained to services provided to Fantasyland in the months of April and May 2023. This bill is not reflected in the unadjusted trial balance. Amount of maintenance service bill s 8.203 v) Fantasyland's employees earned wages in May 2023 that were not paid until the following month: Wages owing on May 31, 2023 \$ 4,703 vilu The note payable is a 5-year note given to the bank on May 1, 2023. It bears interest at a rate of 6% annually. The first interest payment is scheduled to be made on lune 1, 2023. Fantasyland is not expected to make any principal payments on this note for the next 2 years. via) Three-quarters of the amount recorded in the unearned admission ticket revenue account has been earned by May 31, 2023. ix) Dividends were declared on May 31, 2023, to be paid to the shareholders of record on June 3, 2023. The dividends were paid on June 7, 2023. No joumal entry for these dividends has been included in the unadjusted trial balance. Amount of dividends declared s 58,000 x) Fantasyland Adventures calculated its income taxes for the 2023 year at the following amount (note that none of this amount was paid or recorded by the corporation's year end of May 31, 2023): income taxes for 2023 s 9,776 The following information concerns the adjusting entries to be recorded as of May 31, 2023 for Fantasyland Adventures Company: i) ) ii) iv) Depreciation - building Depreciation - rides $ 5,123 The following amount of supples are unused as of May 31, 2023: Supplies on hand at year end: $ 541 On March 28, 2023, a cheque was issued for a 1-vear insurance policy effective April 1, 2023. The cost of the policy was charged to insurance expense: Amount of cheque issued March 28, 2023: S 63,109 v) Fantasyland received a bill from a ride maintenance contractor on June 15, 2023. The bill pertained to services provided to Fantasyland in the months of April and May 2023. This bill is not reflected in the unadjusted trial balance. Amount of maintenance service bill s 8.203 v) Fantasyland's employees earned wages in May 2023 that were not paid until the following month: Wages owing on May 31, 2023 \$ 4,703 vilu The note payable is a 5-year note given to the bank on May 1, 2023. It bears interest at a rate of 6% annually. The first interest payment is scheduled to be made on lune 1, 2023. Fantasyland is not expected to make any principal payments on this note for the next 2 years. via) Three-quarters of the amount recorded in the unearned admission ticket revenue account has been earned by May 31, 2023. ix) Dividends were declared on May 31, 2023, to be paid to the shareholders of record on June 3, 2023. The dividends were paid on June 7, 2023. No joumal entry for these dividends has been included in the unadjusted trial balance. Amount of dividends declared s 58,000 x) Fantasyland Adventures calculated its income taxes for the 2023 year at the following amount (note that none of this amount was paid or recorded by the corporation's year end of May 31, 2023): income taxes for 2023 s 9,776