Carla Vista's Hotel opened for business on May 1, 2020. Its trial balance before adjustment on...

Transcribed Image Text:

Carla Vista's Hotel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. CARLA VISTA'S HOTEL Trial Balance May 31, 2020 Account Number 101 Debit Credit Cash $3,600 126 Supplies 2,050 130 Prepaid Insurance 1,800 140 Land 12,000 141 Buildings 61,600 149 Equipment 14,400 201 Accounts Payable $4,700 208 Unearned Rent Revenue 3,000 275 Mortgage Payable 40,000 301 Owner's Capital 41,100 Carla Vista's Hotel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. CARLA VISTA'S HOTEL Trial Balance May 31, 2020 Account Number 101 Debit Credit Cash $3,600 126 Supplies 2,050 130 Prepaid Insurance 1,800 140 Land 12,000 141 Buildings 61,600 149 Equipment 14,400 201 Accounts Payable $4,700 208 Unearned Rent Revenue 3,000 275 Mortgage Payable 40,000 301 Owner's Capital 41,100