Blossom's Hotel opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. BLOSSOM'S HOTEL Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash $3,600 126 Supplies 2,000 130 Prepaid Insurance 1,800 140 Land 12,000 141 Buildings 61,000 149 Equipment 14,400 200 Notes Payable $40,000 201 Accounts Payable 4,700 208 Unearned Rent Revenue 3,300 301 Owner's Capital 41,500 429 Rent Revenue 10,100 610 Advertising Expense 550 726 Salaries and Wages Expense 3,400 732 Utilities Expense 850 $99,600 $99,600 In addition to those accounts listed on the trial balance, the chart of accounts for Blossom's Hotel 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: 1. Prepaid insurance is a 1-year policy starting May 1, 2022. 2. A count of supplies shows $800 of unused supplies on May 31. 3. Annual depreciation is $3,660 on the buildings and $1,440 on equipment. 4. The note payable interest rate is 6%. (The note was taken out on May 1 and will be repaid along with interest in 1 year.) 5. Two-thirds of the unearned rent revenue has been earned. 6. Salaries and wages of $800 are unpaid and unrecorded at May 31. Your answer is partially correct. Journalize the adjusting entries on May 31. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) lo. Date Account Titles and Explanation May 31 Insurance Expense Prepaid Insurance May 31 Supplies Expense Supplies May L Depreciation Expense 31 Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment May 31 Interest Expense Debit 150 1200 414 200 Interest Payable May 2200 ' Unearned Rent Revenue 31 May 31 Rent Revenue Salaries and Wages Expense Salaries and Wages Payable 800 Credit 150 1200 2940 1200 200 2200 800 Cash No. 101 Date Explanation Ref. Debit Credit Balance May 31 Balance 3600 Supplies No. 126 Date Explanation Ref. Debit Credit Balance May 31 Balance V May 31 Adjusting 31 Prepaid Insurance No. 130 Date Explanation Ref. Debit Credit Balance May 31 Balance V May 31 Adjusting 11 Land No. 140 Date Explanation Ref. Debit Credit Balance May 31 Balance Buildings No. 141 Date Explanation Ref. Debit Credit Balance May 31 Balance Accumulated Depreciation- Buildings No. 142 Date Explanation Ref. Debit Credit Balance May 31 Adjusting J1 Equipment No. 149 Date Explanation Ref. Debit Credit Balance May 31 Balance Accumulated Depreciation- Equipment No. 150 Date Explanation Ref. Debit Credit Balance May 31 Adjusting J1 Accounts Payable No. 201 Date Explanation Ref. Debit Credit Balance May 31 Balance V Unearned Rent Revenue No. 208 Date Explanation Ref. Debit Credit Balance May 31 Balance v May 31 Adjusting 31 Salaries and Wages Payable No. 212 Date Explanation Ref. Debit Credit Balance May 31 Adjusting 31 Interest Payable No. 2:30 Date Explanation Ref. Debit Credit Balance May 31 Adjusting 31 Notes Payable No. 200 Date Explanation Ref. Debit Credit Balance May 31 Balance v Owner's Capital No. 301 Date Explanation Ref. Debit Credit Balance May 31 Balance Rent Revenue No. 429 Date Explanation Ref. Debit Credit Balance May 31 Balance V May 31 Adjusting 11 Advertising Expense No. 610 Date Explanation Ref. Debit Credit Balance May 31 Balance Depreciation Expense No. 619 Date Explanation Ref. Debit Credit Balance May 31 Adjusting 31 Supplies Expense No. 631 Date Explanation Ref. Debit Credit Balance May 31 Adjusting 31 Interest Expense No. 718 Date Explanation Ref. Debit Credit Balance May 31 Adjusting 31 Insurance Expense No. 722 Date Explanation Ref. Debit Credit Balance May 31 Adjusting 31 Salaries and Wages No. 726 Expense Date Explanation Ref. Debit Credit Balance May 31 Balance v May 31 Adjusting 31 Utilities Expense No. 732 Date Explanation Ref. Debit Credit Balance May 31 Balance