Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

d2 and d3 are giving me problem Question 1 of 1 View Policies Current Attempt in Progress Oriole's Hotel opened for business on May 1,

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed d2 and d3 are giving me problem
Question 1 of 1 View Policies Current Attempt in Progress Oriole's Hotel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. ORIOLE'S HOTEL Trial Balance May 31, 2020 Account Number Debit Credit 101 Cash $3,600 126 Supplies 2.050 130 Prepaid Insurance 3,000 140 Land 15,000 141 Buildings 60,800 149 Equipment 15,600 201 Accounts Payable $4,500 208 Unearned Rent Revenue 3,300 275 Mortgage Payable 40,000 301 Owner's Capital 41200 429 Rent Revenge 15,600 Question 1 of 1 76.67 / 100 IN 201 Accounts Payable $4,800 200 Uncated Rent Revenue 3.300 275 Mortgage Payable 10,000 301 Owner's Capital 41.200 15.600 610 550 Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expen 726 3400 232 900 $104,900 $104.900 In addition to those accounts listed on the trial balance the chart of accounts for Celole's Hotel also contains the following accounts and account numbers. No 142 Accumulated Depreciation-Buildings. No 150 Accumulated Depreciation Equipment, No 212 Scaries and Wages Payable. No 230 terest Payable, No. 619 Depreciation Expense, No 601 Supplies Expense. No 710 interest Expense, and No. 722 insurance Express Other data 1 2 Prepaid inuncertain May 2020 Acount of shows online on May 31 Anderedations on these and 3.560 e Question 1 of 1 > 76,67/100 $10.00 5104.700 In addition to those account sted on the trial balance, the chart of accounts for Orioles Hotel concies the following accounts drobe 147 Accumulated Depreciation-150 Add to 12 Sotes and Wages Payable. No 230 Interest Payable. No. 619 Depreciation Experte, No. 631 poliesport Ecote and No. 722 Insurance Expense Other 1 2 3 Howpoly May 1, 2020 Algunos shows 5000 unit on May 21 Annual deption 3/4 on the buildid $1500m The mainterest rate sex. The new tam out on May 1 Two thirds of the candid Salaries of 57001 es CA 0 Prepare an owner's equity statement for the month of May. ORIOLE'S HOTEL Owner's Equity Statement For the Month Ended May 31, 2020 Owner's Capital, May 1 $ $ Add : Net Income/(Loss) 10.116 Total Expenses Owner's Capital, May 31 v $ e Textbook and Media List of Accounts Save for Later W Question 1 of 1 View Policies Current Attempt in Progress Oriole's Hotel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. ORIOLE'S HOTEL Trial Balance May 31, 2020 Account Number Debit Credit 101 Cash $3,600 126 Supplies 2.050 130 Prepaid Insurance 3,000 140 Land 15,000 141 Buildings 60,800 149 Equipment 15,600 201 Accounts Payable $4,500 208 Unearned Rent Revenue 3,300 275 Mortgage Payable 40,000 301 Owner's Capital 41200 429 Rent Revenge 15,600 Question 1 of 1 76.67 / 100 IN 201 Accounts Payable $4,800 200 Uncated Rent Revenue 3.300 275 Mortgage Payable 10,000 301 Owner's Capital 41.200 15.600 610 550 Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expen 726 3400 232 900 $104,900 $104.900 In addition to those accounts listed on the trial balance the chart of accounts for Celole's Hotel also contains the following accounts and account numbers. No 142 Accumulated Depreciation-Buildings. No 150 Accumulated Depreciation Equipment, No 212 Scaries and Wages Payable. No 230 terest Payable, No. 619 Depreciation Expense, No 601 Supplies Expense. No 710 interest Expense, and No. 722 insurance Express Other data 1 2 Prepaid inuncertain May 2020 Acount of shows online on May 31 Anderedations on these and 3.560 e Question 1 of 1 > 76,67/100 $10.00 5104.700 In addition to those account sted on the trial balance, the chart of accounts for Orioles Hotel concies the following accounts drobe 147 Accumulated Depreciation-150 Add to 12 Sotes and Wages Payable. No 230 Interest Payable. No. 619 Depreciation Experte, No. 631 poliesport Ecote and No. 722 Insurance Expense Other 1 2 3 Howpoly May 1, 2020 Algunos shows 5000 unit on May 21 Annual deption 3/4 on the buildid $1500m The mainterest rate sex. The new tam out on May 1 Two thirds of the candid Salaries of 57001 es CA 0 Prepare an owner's equity statement for the month of May. ORIOLE'S HOTEL Owner's Equity Statement For the Month Ended May 31, 2020 Owner's Capital, May 1 $ $ Add : Net Income/(Loss) 10.116 Total Expenses Owner's Capital, May 31 v $ e Textbook and Media List of Accounts Save for Later W

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting For Decision Makers

Authors: Mark DeFond

2nd Edition

1618533142, 9781618533142

More Books

Students also viewed these Accounting questions

Question

What is the relationship between negative thinking and depression?

Answered: 1 week ago