Shown below are a trial balance and supplementary

Question

Shown below are a trial balance and supplementary information needed for monthly adjustments for the accounts of Hillside Stadium at Sept. 30 which has a August 31^st fiscal year-end.

HILLSIDE STADIUM

Trial Balance

September 30, 20__

Cash---------------------------------------------------------------------           $47,000

Prepaid advertising --------------------------------------------------              3,000

Prepaid rent -----------------------------------------------------------             60,000                    

Land---------------------------------------------------------------------            375,000

Building-----------------------------------------------------------------             378,000

Accumulated depreciation:  building---------------------------                                                       $33,600

Notes payable---------------------------------------------------------                                               400,000

Accounts payable----------------------------------------------------                                                 8,500

Unearned revenue from admissions----------------------------                                                      10,000

Common stock-------------------------------------------------------                                                 376,000

Dividends---------------------------------------------------------------               10,100

Revenue from admissions-----------------------------------------                                                    87,000

Revenue from concessions----------------------------------------                                                      

Salaries expense------------------------------------------------------                 21,250

Advertising expense-------------------------------------------------                   12,000

Rent expense----------------------------------------------------------              

Light and power expense------------------------------------------                   8,750                                     

                                                                                                             915,100                  $915,100

Required: Make the appropriate adjustments.

(a) During August, $3,000 was paid for advertisements that were aired in September.

(b) The $60,000 in Prepaid rent was paid on September 1^st for rent for the period September 1^st through February 28^th.

(c) Depreciation expense, building, $1,050.

(d) The note payable bears a 12% interest rate.

(e) Hillside's share of revenue from concessions for September, as reported by concessionaire, $8,000.  No entry has yet been made for this revenue. Debit Concessions Revenue Receivable.

(f) At September 30, the salaries earned but unpaid to employees amounted to $4,000.

(g) $5,000 of the unearned revenue from admissions related to ticket sales for events which occurred in September.