When the accounts of VanHorn Inc are examined, the adjusting data listed below are uncovered on December 31, the end of an annual fiscal period.

1. The prepaid insurance account shows a debit of $4,800 representing the cost of a 2 year fire insurance policy dated August 1 of the current year.

2. On November 1, rent revenue was credited for $1,869 representing revenue from a subrental for a 3 month period beginning on that date.

3. Purchase of advertising supplies for $845 during the year was recorded in the advertising expense account. On December 31, advertising supplies of $295 are on hand.

4. Interest of $721 has accrued on notes payable. the interest will be paid in January of the next year.

(a) Prepare the following in general journal form. (if no entry is needed type 'no entry' and type '0' for amount)

(b) Insert the reversing entry for each item where appropriate.

List of accounts to use:

• Accounts Payable
• Accounts Receivable
• Accumulated Depreciation-Building
• Accumulated Depreciation-Equipment
• Administrative Expenses
• Admissions Revenue
• Advertising Expense
• Allowance for Doubtful Accounts
• Bad Debt Expense
• Buildings
• Cash
• Common Stock
• Cost of Goods Sold
• Current Maturity of Long-Term Debt
• Delivery Expense
• Depreciation Expense
• Dividends
• Dues Revenue
• Equipment
• Green Fees Revenue
• Income Summary
• Income Tax Expense
• Insurance Expense
• Interest Expense
• Interest Payable
• Interest Receivable
• Interest Revenue
• Inventory
• Land
• Maintenance and Repairs Expense
• Mortgage Payable
• No Entry
• Notes Payable
• Notes Receivable
• Office Expense
• Owner's Capital
• Owner's Drawings
• Prepaid Advertising
• Prepaid Insurance
• Prepaid Rent
• Property Tax Expense
• Property Tax Payable
• Rent Expense
• Rent Receivable
• Rent Revenue
• Retained Earnings
• Salaries and Wages Expense
• Salaries and Wages Payable
• Sales Discounts
• Sales Returns and Allowances
• Sales Revenue
• Selling Expenses
• Service Revenue
• Subscription Revenue
• Supplies
• Supplies Expense
• Telephone and Internet Expense
• Utilities Expenses
• Unearned Admissions Revenue
• Unearned Dues Revenue
• Unearned Service Revenue
• Unearned Rent Revenue
• Unearned Subscriptions Revenue

Please use entries from the list do not make up your own. I will rate thumbs up if its accurate and complete