the statement
storage fees earned for the quarter total $7414
there are no accured storage fees earned for this quarter. A second adjustment to storage fees earned will not be required and the storage fees recievable account twill continue to have a zero balance

is the answer

unearned storage 7414 dr
storage fees earned 7414 cr

also i need help with this one
thunder mountain snowmobile uses the adjusting entry approach for merchandise inventory. the income summary account is used for this adjustment process. the begining inventory balance from september 30, 2005 was $126,780

is the answer
dr. income summary
cr inventory

and i need help with this one
the new ending inventory balance on dec 31, 2005 is 122,640
is the answer

dr. inventory
cr income summary $122, 640