- View Policies Show Attempt History Current Attempt in Progress The accounts listed below appeared in the December 31 trial balance of the Wildhorse Theater Debit Credit Equipment $197.104 Accumulated Depreciation Equipment $ 64290 Notes Payable 126.000 Admissions Revenue 381.700 15,390 Advertising Expense Salaries and Wages Expense 59,630 Interest Expense 1.960 (a) * Your answer is partially correct. From the account balances fisted above and the information given below.prepare the wasting entries necessary on December 31 Credit Accountitles are automatically indented when amount is entered. Do not indent manual no entry is required select "No entry for the account titles and enter for the amounts. Round answers to decimal places, . 5.250) (1) The equipment has estimated life of 16 years orid a salvate value of $ 23.952 at the end of that time. (Due straight line method) (2) The note payable is a 90 day not kiven to the bank on October 20 and bearing interest (Use 360 days for denominator) (3) In December, 2.06 coupon admission books were sold at $30 cach and recorded as Admissions Revenue. They could be used for admission any timeter January 1 be used for admission any time after January 1. Advertising expense paid in advance and included in Advertising Expense $ 1.077. Salaries and wages accrued but unpaid $ 5,015. (5) No. Account Titles and Explanation Debit Credit (1) Depreciation Expense Accumulated Depreciation Equipment (2) Interest Expense Interest Payable (3) Admissions Revenue TO Uncanned Admissions Revenue Prepaid Advertising Advertising Opere (5) Salaries and Wars Expense Salir les und Wes Payable e Textbook and Media Salaries and Wages Payable eTextbook and Media List of Accounts Save for Later Attempts: 1 of 3 used Submit Answer (b) What amounts should be shown for each of the following on the income statement for the year? (1) Interest Expense $ (2) Admissions Revenue $ (3) Advertising Expense $ (4) Salaries and Wages Expense $