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Cranels Hatel opened for bunimess on Mar 1.2022, its trial hahnce before adjustment on May 31 is as follows Inataition to those accounts listed on

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Cranels Hatel opened for bunimess on Mar 1.2022, its trial hahnce before adjustment on May 31 is as follows Inataition to those accounts listed on the tratbalance, the chart of accounts for Crane's Hotel also contains the following accounts Salaries and Wages Fayahle, No.230 interest P yyable, No. 619 Depreciation Eyense. No 631 Supplies Expenae Na. 718 interest Expense, and No. 722 insurance Expense. Other data: 1. Prepaid insursece is a 1 year policy starting M yy 1,2022 . 2. Acount of supplies stions 5800 of unsued supplies on May 31 9. Anmal depreciation is $3.672 on the buiking and $1440 on equiment 4. The notn piyable interent rate is 6k. (The mate was taben out on May 1 and will be regaid along with intereat in 1 year) 5. Two-thints of the uneaned rent revenut has been camed. 6. Sataries ant wapet of $700 are unpoid and unrecor bed at May 31 . Prepare a ledger using the three-column formi of account. Enter the trial balance amounts into the balance column and then post Prepare an adjusted trial balance on May 31. Prepore an income statement for the month of May. Prepare an owner's equity statement for the month of May. Liabilities and Owner's Equity Cranels Hatel opened for bunimess on Mar 1.2022, its trial hahnce before adjustment on May 31 is as follows Inataition to those accounts listed on the tratbalance, the chart of accounts for Crane's Hotel also contains the following accounts Salaries and Wages Fayahle, No.230 interest P yyable, No. 619 Depreciation Eyense. No 631 Supplies Expenae Na. 718 interest Expense, and No. 722 insurance Expense. Other data: 1. Prepaid insursece is a 1 year policy starting M yy 1,2022 . 2. Acount of supplies stions 5800 of unsued supplies on May 31 9. Anmal depreciation is $3.672 on the buiking and $1440 on equiment 4. The notn piyable interent rate is 6k. (The mate was taben out on May 1 and will be regaid along with intereat in 1 year) 5. Two-thints of the uneaned rent revenut has been camed. 6. Sataries ant wapet of $700 are unpoid and unrecor bed at May 31 . Prepare a ledger using the three-column formi of account. Enter the trial balance amounts into the balance column and then post Prepare an adjusted trial balance on May 31. Prepore an income statement for the month of May. Prepare an owner's equity statement for the month of May. Liabilities and Owner's Equity

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