Assets															=	Liabilities									+	Stockholders Equity
	Cash	+	Supplies	+	Prepd. Insur.	+	Land	+	Bldgs.	-	Acc. Depr.- Bldgs.	+	Equip.	-	Acc. Depr.- Equip.		Accts. Pay.	+	Int. Pay	+	Sal./Wages Pay.	+	Unearn. Rent. Rev.	+	Mortg. Pay		Com. Stock	+	Retained Earnings
																=										+			Rev.	-	Exp.	-	Div
Bal.	8,000	+	8,320	+	5,760	+	48,000	+	224,000	-	0	+	53,760	-	0	=	15,040	+	0	+	0	+	10,560	+	115,200	+	192,000	+	28,800	-	13,760	-	0

	Assets															=	Liabilities									+	Stockholders Equity
	Cash	+	Supplies	+	Prepd. Insur.	+	Land	+	Bldgs.	-	Acc. Depr.- Bldgs.	+	Equip.	-	Acc. Depr.- Equip.		Accts. Pay.	+	Int. Pay	+	Sal./Wages Pay.	+	Unearn. Rent. Rev.	+	Mortg. Pay		Com. Stock	+	Retained Earnings
																=										+			Rev.	-	Exp.	-	Div
Bal.	8,000		8,320		5,760		48,000		224,000		0		53,760		0		15,040		0		0		10,560		115,200		192,000		28,800		-13,760		0
Adj. 1.	enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount	account title Interest Expense/Insurance Expense/Rent Revenue/Depreciation Expense/Supplies Expense/Salaries & Wages Expense
Adj. 2.	enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount	account title Salaries & Wages Expense/Insurance Expense/Supplies Expense/Depreciation Expense/Interest Expense/Rent Revenue
Adj. 3a.	enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount	account title Interest Expense/Salaries & Wages Expense/Supplies Expense/Rent Revenue/Depreciation Expense/Insurance Expense
Adj. 3b.	enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount	account title Interest Expense/Insurance Expense/Depreciation Expense/Rent Revenue/Salaries & Wages Expense/Supplies Expense
Adj. 4.	enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount	account title Depreciation Expense/Salaries & Wages Expense/Supplies Expense/Insurance Expense/Interest Expense/Rent Revenue
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Adj. Bal.	enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars		enter the adjusted balance amount in dollars

The Crane Hotel opened for business on May 1, 2022. The May transactions resulted in a tabular summary, with May 31 unadjusted balances shown below in the first row. The $28,800 in the revenue column resulted from Rent Revenue. The $13,760 in the expense column includes Salaries and Wages $9,600, Utilities $2,560, and Advertising $1,600. Record adjustments on May 31 that reflect the following data. Include explanations for each adjustment to revenue or expense. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) 1 Insurance expires at the rate of $1,440 per month. 2. A count of supplies shows $3,360 of unused supplies on May 31. 3 (a) Annual depreciation is $11,520 on the building. (b) Annual depreciation is $9,600 on equipment. 4 The mortgage interest rate is 6%. (The mortgage was taken out on May 1.) 5 Rental services related to unearned rent of $8,000 have been provided. 6. Salaries of $2,880 are accrued and unpaid at May 31