Crane's Hotel opened for business on May

$1$

$,$

$2$

$0$

$2$

$2$

$.$

$$Its trial balance before adjustment on May

$3$

$1$

$$is as folloPrspare a lodger using the three

$-$

column form of account. Enter the trial balance amounts into the balance column and then post

the adjusting antries.

$($

Post entries in the order of journal entries posted in the previous part of the question.

$)$

CRANE'S HOTEL

Trial Balance

May

$3$

$1$

$,$

$2$

$0$

$2$

$2$

Account Number

Debit

Credit

$1$

$0$

$1$

Cash

$

$3$

$,$

$6$

$0$

$0$

$1$

$2$

$6$

Supplies

$2$

$,$

$1$

$0$

$0$

$1$

$3$

$0$

Prepaid insurance

$3$

$,$

$0$

$0$

$0$

$1$

$4$

$0$

Land

$1$

$5$

$,$

$0$

$0$

$0$

$1$

$4$

$1$

Bulldings

$6$

$1$

$,$

$2$

$0$

$0$

$1$

$4$

$9$

Equlpment

$1$

$4$

$,$

$4$

$0$

$0$

$2$

$0$

$0$

Notes Payable

$

$4$

$0$

$,$

$0$

$0$

$0$

$2$

$0$

$1$

Accounts Payable

$4$

$,$

$8$

$0$

$0$

$2$

$0$

$8$

Unearned Rent Revenue

$3$

$,$

$0$

$0$

$0$

$3$

$0$

$1$

Owner's Capital

$4$

$1$

$,$

$4$

$0$

$0$

$4$

$2$

$9$

Rent Revenue

$1$

$4$

$,$

$9$

$5$

$0$

$6$

$1$

$0$

Advertising Expense

$6$

$0$

$0$

$7$

$2$

$6$

Salaries and Wages Expense

$3$

$,$

$3$

$0$

$0$

$7$

$3$

$2$

Utilities Expense

$9$

$5$

$0$

$

$1$

$0$

$4$

$,$

$1$

$5$

$0$

$

$1$

$0$

$4$

$,$

$1$

$5$

$0$

$$

In addition to those accounts listed on the trial balance, the chart of accounts for Crane's Hotel also contains the following accounts

and account numbers: No

$.$

$1$

$4$

$2$

$$Accumulated Depreciation

$-$

$$Buildings$,$ No

$.$

$1$

$5$

$0$

$$Accumulated Depreciation

$-$

Equipment, No

$.$

$2$

$1$

$2$

Salaries and Wages Payable, No

$.$

$2$

$3$

$0$

$$Interest Payable, No

$.$

$6$

$1$

$9$

$$Depreciation Expense, No

$.$

$6$

$3$

$1$

$$Supplies Expense, No

$.$

$7$

$1$

$8$

$$Interest

Expense, and No

$.$

$7$

$2$

$2$

$$Insurance Expense

Other data:

$1$

$.$

Prepaid insurance is a

$1$

$-$

year policy starting May

$1$

$,$

$2$

$0$

$2$

$2$

$.$

$2$

$.$

A count of supplies shows $

$7$

$0$

$0$

$$of unused supplies on May

$3$

$1$

$.$

$3$

$.$

Annual depreciation is $

$3$

$,$

$6$

$7$

$2$

$$on the buildings and $

$1$

$,$

$4$

$4$

$0$

$$on equipment.

$4$

$4$

$-$

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$.$

$)$

S

$.$

Two

$-$

thirds of the unearned rent revenue has been earned

$6$

$.$

Salaries and wages

$.$

of $

$7$

$0$

$0$

$$are unpaid and unrecorded at May

$3$

$1$

$.$