cullumbers hotel opened for business on may 1 2022 its trial balance before adjustment on may 31 is as follows

Cullumber's Hotel opened for business on May 1,2022. Its trial balance before adjustment on May 31 is as follows. In addition to those accounts listed on the trial balance, the chart of accounts for Cullumber's Hotel also contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Buildings. No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable. No. 230 Interest Payable. No. 619 Depreciation Expense, No. 631 Supplies Expense. No. 718 Interest Expense, and No. 722 Insurance Expense Other data: 1. Prepaid insurance is a 1-year policy starting May 1,2022. 2. A count of supplies shows $700 of unused supplies on May 31 3. Annual depredation is $3,696 on the buildings and $1,560 on equipment. 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.) 5. Two-thirds of the unearned rent revenue has been earned. 6. Salaries and wages of $800 are unpaid and unrecorded at May 31 . Journalize the adjusting entries on May 31. (List all debit entries before credit entries Credit account titles are automatically indented When the amount is entered. Do not indent manually) Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. (Post entries in the order of joumal entries posted in the previbus part of the question.) Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question.) Unearned Rent Revenue No. 208 DateExplanationMay31May31Ref.BalanceAdjustingDebitJ1 Salaries and Wages Payable No. 212 Owmer's Capital No. 301 Date Explanation Ref. Credit Balance May 31 Balance Rent Revenue No. 429 Date Explanation Ref. Debit Credit Balance May 31 Balance Rent Revenue Mo. 429 Date Explanation May 31 Balance May 31 Adjusting J1 No. 610 Depreciation Expense No. 619 \begin{tabular}{l|l|l|l|l|} Date Explanation & Ref. & Credit & Balance \end{tabular} May 31 Adjusting 31 May 31 Adjusting 11 Interest Expense \begin{tabular}{l|l|l|l|} Date Explanation Ref. Bebit & Nredit & Bance \end{tabular} May 31 Adjusting 31 Insurance Expense No. 722 Date Explanation Ref. Credit Prepare an adjusted triel balanceon May 31. Prepare an adjusted trial balance on May 31 (c) d7utbanest andesi Prepare an income statement for the month of May. Prepare an owner's equity statement for the month of May. Prepare a balance sheet at May 31 (Ust Assets in order of Mquldily List Propert), Plant and Equloment in order of Land, Bulldings and Equfoment.) : Liabilities and Owner's Equity s