COMPREHENSIVE PROBLEM 1, PERIOD II综合问题1，第二期.doc

Heintz/Parry College Accounting 17th d. Page PAGE 7 Comprehensive Problem 1, Part 2 for Web COMPREHENSIVE PROBLEM 1, PERIOD 2: THE ACCOUNTING CYCLE Bob Night’s fishing camp, “The General’s Favorite Fishing Hole,” is in the second month of operation. The camp is open from April through September, which allows for many college basketball coaches to attend during their off-season. The camp’s attendees arrive on Sunday afternoon and return home the following Saturday afternoon. Each attendee pays a registration fee that includes room and board, the use of fishing boats, and professional instruction in fishing techniques. Based on suggestions from clients, Night plans to expand the facilities and provide additional services. The post-closing trial balance as of April 30, and chart of accounts are provided below. The General’s Favorite Fishing Hole Post-Closing Trial Balance April 30, 20— Account Acct. No. Debit Balance Credit Balance Cash 101 130,650 Office Supplies 142 100 Food Supplies 144 8,000 Prepaid Insurance 145 7,500 Fishing Boats 181 60,000 Accumulated Depreciation--Fishing Boats 181.1 1,000 Accounts Payable 202 66,500 Wages Payable 219 500 Bob Night, Capital 311 138,250 206,250 206,250  Assets Revenues 101 Cash 401 Registration Fees 122 Accounts Receivable 404 Vending Revenue 142 Office Supplies 144 Food Supplies Expenses 145 Prepaid Insurance 511 Wages Expense 146 Prepaid Subscriptions 512 Advertising Expense 161 Land 521 Rent Expense 171 Building 523 Office Supplies Expense 171.1 Accum. Depr.--Buildings 524 Food Supplies Expense 181 Fishing Boats 525 Telephone Expense 181.1 Accum. Depr.--Fishing Boats 533 Utilities Expense 182 Surround Sound System 535 Insurance Expense 182.1 Accum. Depr.--Surround Sound Sys. 536 Postage Expense 183 Big Screen TV 537 Repair Expense 183.1 Accum. Depr.--Big Screen TV 540 Depr. Exp.--Buildings 541 Depr. Exp.--Surround Sound Sys. Liabilities 542 Depr. Exp.--Fishing Boats 202 Accounts Payable 543 De