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can i get journal entry, ledger account, T accounts, trail balance , owners equity, income statement and balance sheet The Highland Cove Resort has a
can i get journal entry, ledger account, T accounts, trail balance , owners equity, income statement and balance sheet The Highland Cove Resort has a May 31 fiscal year end and prepares adjusting entries on a monthly basis. The following trial balance was prepared before recording the May 31 month-end adjustments: HIGHLAND COVE RESORT Trial Balance May 31, 2021 Debit Credit Cash $17.580 Prepaid Insurance 1,800 Supplies 970 Land 40,000 Buildings 150.000 Accumulated Depreciation-Buildings 33.000 Furniture Accumulated Depreciation-Furniture. Accounts Payable Unearned Revenue $47,750 12.925 8.000 12.600 Unearned Revenue Mortgage Payable K. MacPhail, Capital K. MacPhail, Drawings Service Revenue Depreciation Expense Insurance Expense Interest Expense Repairs Expense Salaries Expense Supplies Expense Utilities Expense 42.195 5,775 6,600 5.500 14,400 154,940 4500 35,400 $512.660 12.600 100,000 89,500 241.885 $512660 Additional information: 1. The company pays $7,200 for its annual insurance policy on July 31 of each year. 2. A count shows $550 of supplies on hand on May 31, 2021. 3. The building has an estimated useful life of 50 years. 4. The furniture has an estimated useful life of 10 years. 5. Two thirds of the unearned revenue have been earned. 6. The mortgage interest rate is 6.0% per year. Interest has been paid to May 1, 2021. 7. Salaries accrued to the end of May were $1,500. 8. The May utility bill of $3,440 is unrecorded and unpaid. (a) Prepare T accounts and enter the unadjusted trial balance amounts. (Post entries in the order displayed in the problem statement)
can i get journal entry, ledger account, T accounts, trail balance , owners equity, income statement and balance sheet
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