Teresina Amusement Park, SA has a fiscal year ending on September 30.

Selected data from the

September 30 worksheet are as follows:

TERESINA AMUSEMENT PART, SA

Worksheet
For the Year Ended September 30, 2017
Trial Balance Adjusted Trial Balance
Dr: Cr: Dr: Cr:
Cash 34,400 34,400
Supplies 18,600 2,200
Prepaid Insurance 29,900 10,900
Land 80,000 80,000
Equipment 120,000 120,000
Accumulated Depreciation - Equipment 36,200 42,200
Accounts Payable 14,600 14,600
Unearned Ticket Revenue 3,900 1,000
Mortgage Payable 50,000 50,000
Share Capital – Ordinary 60,000 60,000
Retained Earnings 36,100 36,100
Dividends 14,000 14,000
Ticket Revenue 277,900 280,800
Salaries and Wages Expense 98,000 98,000
Maintenance and Repairs Expense 30,500 30,500
Advertising Expense 9,400 9,400
Utilities Expense 16,900 16,900
Property Tax Expense 21,000 24,000
Interest Expense 6,000 8,000
Totals 478,700 478,700
Insurance Expense 19,000
Supplies Expense 16,400
Interest Payable 2,000
Depreciation Expense 6,000
Property Taxes Payable 3,000
Totals 489,700 489,700

Instructions:
a. Prepare a complete worksheet;
b. Journalize the adjusting entries using the worksheet as a basis;
c. Prepare an income statement, a retained earnings statement, and a statement of financial
position at September 30, 2017;
d. Journalize the closing entries using the worksheet as a basis;
e. Post the closing entries to the ledger
f. Prepare a post-closing trial balance.