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Crane's Hotel opened for business on May 1 , 2 0 2 2 . Its trial balance before adjustment on May 3 1 is as
Crane's Hotel opened for business on May Its trial balance before adjustment on May is as follo CRANE'S HOTEL Trial Balance May Account Number Debit Credit Cash $ Supplies Prepaid insurance Land Bulldings Equlpment Notes Payable $ Accounts Payable Unearned Rent Revenue Owner's Capital Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense $ $ 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 Accumulated Depreciation Buildings, No Accumulated DepreciationEquipment, No Salaries and Wages Payable, No Interest Payable, No Depreciation Expense, No Supplies Expense, No Interest Expense, and No Insurance Expense Other data: Prepaid insurance is a year policy starting May A count of supplies shows $ of unused supplies on May Annual depreciation is $ on the buildings and $ on equipment. The note payable interest rate is The note was taken out on May and will be repaid along with interest in year. S Twothirds of the unearned rent revenue has been earned Salaries and wages of $ are unpaid and unrecorded at May what did I do wrong
Crane's Hotel opened for business on May Its trial balance before adjustment on May is as follo
CRANE'S HOTEL
Trial Balance
May
Account Number
Debit
Credit
Cash
$
Supplies
Prepaid insurance
Land
Bulldings
Equlpment
Notes Payable
$
Accounts Payable
Unearned Rent Revenue
Owner's Capital
Rent Revenue
Advertising Expense
Salaries and Wages Expense
Utilities Expense
$
$
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 Accumulated Depreciation Buildings, No Accumulated DepreciationEquipment, No
Salaries and Wages Payable, No Interest Payable, No Depreciation Expense, No Supplies Expense, No Interest
Expense, and No Insurance Expense
Other data:
Prepaid insurance is a year policy starting May
A count of supplies shows $ of unused supplies on May
Annual depreciation is $ on the buildings and $ on equipment.
The note payable interest rate is The note was taken out on May and will be repaid along with interest in year.
S
Twothirds of the unearned rent revenue has been earned
Salaries and wages of $ are unpaid and unrecorded at May what did I do wrong
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