E4-2 (Algo) Identifying Adjustments and Preparing Financial Statements from a Trial Balance [LO 4-1, LO 4-4] The following information applies to the questions displayed below) Kim Shipping reported its balance sheet at May 31, 2019 . Assume the following alphabetically listed accounts were Included in its trial balance immediately priof to preparing the financial statements. Kim Shipping Adjusted Trial Balance At May 31, 2019 (millions of dollars) Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Depreciation Expense Dividends Equipment Goodwil1 Income Tax Expense Income Tax Payable Interest Expense Interest Receivable Interest Revenue Notes Payable (long-term) Notes Payable (short-term) office Expenses Prepaid Rent Rent Expense Repairs and Maintenance Expense Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Supplies Transportation Expense Debit $6,500 6,400 3,900 320 41,1005,3001,650 1,650 250 160 Credit 4,400 21,160 4,200 1,650 7,690 170 9,200 1,050 4,000 3,490 18,100 16,200 3,200 53,200 13,400$114,370$114,370 Required: 1. Pased on the trial balance, provide the name of the account that would accompary (a) Prepaid Rent and (b) Depreciation Expense in deferral adjustrients at May 31 (Check oll thot epply.) 2. Based on the tral balance, provide the narte of the account that would accompany (a) Interest Revenue and (b) Sataries and Wages Fxpense in accrual adjustments at May 31 (Cheek oll that opply) Glech Ali Thac Apoly