Cash Prepaid Insurance Supplies Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Retained Earnings Dividends GRECO RESORT Trial Balance August 31, 2025 Rent Revenue Salaries and Wages Expense Utilities Expenses Maintenance and Repairs Expense Debit $10,600 4,500 2,600 20,000 120,000 16,000 5,000 44,800 9,200 3,600 $236,300 Credit $4,500 4,600 60,000 91,000 76,200 $236,300 Other data: 1. 2. 3. 4. 5. 6. 7. The balance in prepaid insurance is a one-year premium paid on June 1, 2025. An inventory count on August 31 shows $450 of supplies on hand. Annual depreciation rates are (a) buildings (4%) and (b) equipment (10%). Salvage value is estimated to be 10% of cost. Unearned Rent Revenue of $3,800 was earned prior to August 31. Salaries of $375 were unpaid at August 31. Rentals of $800 were due from tenants at August 31. The mortgage interest rate is 8% per year. (a) Journalize the adjusting entries on August 31 for the 3-month period June 1-August 31. (Round answers to the nearest whole dollar, e.g. 5,275. Do not round intermediate calculations. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) (b) Prepare an adjusted trial balance on August 31. (Do not list those accounts that have zero ending balance.)