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Blossom Hotel Trial Balance May 31, 2025 Debit Credit Cash $2,283 Supplies 2,600 Prepaid Insurance 1,800 Land 14,783 Buildings 72,400 Equipment 16,800 Accounts Payable

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Blossom Hotel Trial Balance May 31, 2025 Debit Credit Cash $2,283 Supplies 2,600 Prepaid Insurance 1,800 Land 14,783 Buildings 72,400 Equipment 16,800 Accounts Payable Unearned Rent Revenue: Notes Payable $4,483 3,300 38,400 Common Stock 59,783 Rent Revenue 9,000 Salaries and Wages Expense 3,000 Utilities Expense 800 Advertising Expense 500 $114,966 $114,966 Other data: 1. Insurance expires at the rate of $360 per month. 2. A count of supplies shows $1,050 of unused supplies on May 31. 3. Annual depreciation is $2,760 on the building and $2,160 on equipment. 4. The notes payable interest rate is 5%. (The note was taken out on May 1 and has a 1-year life. Interest and principal are to be repaid at the maturity of the note.) 5. Unearned rent of $2,580 has been earned. 6. Salaries of $810 are accrued and unpaid at May 31. Prepare a ledger using T-accounts. Enter the trial balance amounts and post the adjusting entries. (Post entries in the order of journal entries presented in the previous question.) Cash Supplies Prepaid Insurance Land Buildings. Buildings Accumulated Depreciation-Buildings Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Rent Revenue Salaries and Wages Payable Interest Payable Notes Payable Common Stock Rent Revenue Salaries and Wages Expense Rent Revenue Salaries and Wages Expense Utilities Expense Advertising Expense Interest Expense Interest Expense Insurance Experise Supplies Expense Depreciation Expense

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