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 $3,400 126 Supplies 2,000 130 Prepaid Insurance 1,800 140 Land 12,000 141 Buildings 58,800 149 Equipment 14,400 200 Notes Payable $ 40,000 201 Accounts Payable 4,700 208 Unearned Rent Revenue 3,000 301 Owner's Capital 41,000 tion 8 of 8 126 Supplies 2,000 130 Prepaid Insurance 1,800 140 Land 12.000 141 Buildings 58,800 149 Equipment 14,400 200 Notes Payable $ 40,000 201 Accounts Payable 4,700 208 Unearned Rent Revenue 3,000 301 Owner's Capital 41,000 429 Rent Revenue 8,300 610 Advertising Expense 550 726 Salaries and Wages Expense 3,200 732 Utilities Expense 850 $97.000 $97,000 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 $700 of unused supplies on May 31. 3. Annual depreciation is $3,528 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 $700 are unpaid and unrecorded at May 31. (a) Your answer is partially correct VYTETIT UUTTE CILET CU, LUT Debit Credit No. Date Account Titles and Explanation 3400 1. May 31 Cash 2000 Supplies 1800 2. May 31 Prepaid Insurance 12000 Land May 31 3. Buildings 58800 Equipment 14400 Notes Payable 40000 4. May 31 Accounts Payable 4700 Unearned Rent Revenue 3000 May BI H 53F Mostly cloudy