National Indian Gaming Association
AJE
Year End: December 31, 2020 Adjusting Journal Entries Date: 1/1/2020 To 12/31/2020
Started
Completed KEL 4/26/2021
Reviewed
KEL 4/19/2021
DLA 5/11/2021
Partnr Approva Concurring rev
Number Date Name
Account No
Reference
Debit
Credit
2 2
12/31/2020 Account Receivable - Seminar
1101 GA 1203 GA
F-2 F-2
8,750.00
12/31/2020 Other Deposits
8,750.00
To reclass prepaid-other deposit to Pechanga to AR since the deposit will be refunded.
3 3
12/31/2020 UMPQUA BANK 12/31/2020 Bank Service Charges
1005 GA
CAJE-1 CAJE-1
25.00
5519-100 100
25.00
CAJE - To recognize bank Service charges - Umpqua Bank
4 4
12/31/2020 Allowance for Bad Debts 12/31/2020 Bad Debt Expenses
1105 GA
CAJE-2 CAJE-2
7,472.22
5590-100 100
7,472.22
CAJE - To adjust bad debt expense
5 5 5 5
12/31/2020 Capital Improve
1504 GA 1601 GA
CAJE-3 CAJE-3 CAJE-3 CAJE-3
8,400.00
12/31/2020 Allowance for Depreciation 12/31/2020 Depreciation Expenses
560.00
5502-101 101 5555-101 101
560.00
12/31/2020 Exterior Area R&M
8,400.00
CAJE - To capitalize fixed assets and book additional depreciation expense.
6 6
12/31/2020 Unrestricted Net Assets
32000 GA
SS. 1 SS. 1
2,675.99
12/31/2020 Other Income
4022-100 100
2,675.99
To adjust prior year present value that NIGA did not post and reverse out entry made to equity.
27,883.21
27,883.21
Net Income (Loss)
(2,717,483.05)
7/14/2021 11:24 AM
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