What amounts should be shown for each of the following on the income statement for the year? -Interest Expense -Admissions Revenue -Advertising Expense -Salaries and Wages Expense

Problem 3-05 The accounts listed below appeared in the December 31 trial balance of the Splish Theater. Credit Debit $200,208 Equipment Accumulated Depreciation-Equipment Notes Payable Admissions Revenue Advertising Expense Salaries and Wages Expense Interest Expense $64,330 144,000 385,900 14,030 58,860 2,240 From the account balances listed above and the information given below, prepare the annual adjusting entries necessary on December 31. (Credit account titles are auto select "No entry" for the account titles and enter o for the amounts. Round answers to 0 decimal places, e.g. 250.) (1) The equipment has an estimated life of 16 years and a salvage value of $23,936 at the end of that time. (Use straight-line method.) (2) 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.) (3) In December, 2,010 coupon admission books were sold at $30 each and recorded as Admissions Revenue. They could be used for admission any time after January 1. (4) Advertising expense paid in advance and included in Advertising Expense $1,141. (5) Salaries and wages accrued but unpaid $4,379