ASPY Rain coming The Skysong, Inc. opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. Skysong, Inc. Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash $3,080 126 Supplies 1.832 130 Prepaid Insurance 2.112 140 Land 10,560 141 Buildings 52,800 149 Equipment 12.960 200 Notes Payable 201 Accounts Payable 208 Uneamed Rent Revenue $35,200 9.840 2.904 O Search 114 2/2 Ch 3: Homework 457 Raincoming 311 Question 12 of 12 < Common Stock -/1 E 30,800 429 Rent Revenue 8,824 610 Advertising Expense 528 726 Salaries and Wages Expense 2,904 732 Utilities Expense 792 $87.568 $87.568 In addition to those accounts listed on the trial balance, the chart of accounts for Skysong, Inc. also contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Buildings, No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No 230 Interest Payable, No. 619 Depreciation Expense. No. 631 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense Other data 2. 2 Prepaid insurance is a 1-year policy starting May 1, 2022. Acount of supplies shows $660 of unused supplies on May 31 Search A 20 cros Edge 45 Rain coming and account numbers: No. 142 Accumulated Depreciation-Buildings, No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense. No. 631 Supplies Expense, No.718 Interest Expense, and No. 722 Insurance Expense. Other data: 1 Prepaid insurance is a 1-year policy starting May 1, 2022. 2 A count of supplies shows $660 of unused supplies on May 31. 3. Annual depreciation is $2.640 on the buildings and $1.296 on equipment. 4. The note payable interest rate is 12%. (The note was taken out on May 1 and will be repaid along with interest in 2 years) 5. Two-thirds of the unearned rent revenue has been earned. 6. Salaries and wages of $885 are unpaid and unrecorded at May 31 Sch TEAM Question 12 of 12 < manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Main coming No. Date Account Titles and Explanation 1. May 31 2. May 31 ri May 31 -/1 E Debit Credit Search TAM Ch 3: Homework Question 12 of 12 Rain coming 4. 5 5 May 31 6. May 31 May 31 < -/1 E eTextbook and Media List of Accounts Search @ 11:4 2/8/20