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2) Haile Resort opened for business on june 1 with eight air conditioned units. Its trial balance on August 31 is as follows. Otine newan

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2) Haile Resort opened for business on june 1 with eight air conditioned units. Its trial balance on August 31 is as follows. Otine newan 1. The balance in prepaid insurance is a 1-year premium paid on June 1, 2022. 2. An inventory count on August 31 shows Br.l.300 of supplies on hand. 3. Annual depreciation rates are buildings (4\%6) and equipment (10\%). 4. Unearned rent revenue of Br.7,600 should be recognized as revenue prior to August 31. 5. Salaries and wages of Br.750 were unpaid at August 31. 6. Rentals of Br.1,600 were due from tenants at August 31. 7. The mortgage note is dated 1//2022. The mortgage interest rate is 8% per year. Instructions a. Joumalize the adjusting entries on August 31 for the 3-month period june 1-August 31. b. Prepare an adjusted trial balance on August 31

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