Exercise 3-10 Sweet Resort opened for business on June 1 with eight air-conditioned units. Its trial balance on August 31 is as follows. SWEET RESORT TRIAL BALANCE AUGUST 31, 2017 Debit Credit Cash $20,500 Prepaid Insurance 5,400 Supplies 3,500 Land 26,000 Buildings 126,000 Equipment 22,000 Accounts Payable $5,400 Unearned Rent Revenue 5,500 Mortgage Payable 66,000 Common Stock 97,900 Retained Earnings 9,000 Dividends 5,000 Rent Revenue 82,200 Salaries and Wages Expense 44,800 Utilities Expenses 9,200 Maintenance and Repairs Expense 3,600 Totals $266,000 $266,000 Other data: 1. The balance in prepaid insurance is a one-year premium paid on June 1, 2017. 2. An inventory count on August 31 shows $416 of supplies on hand. 3. Annual depreciation rates are (a) buildings (4%) (b) equipment (10%). Salvage value is estimated to be 10% of cost. 4. Unearned Rent Revenue of $3,683 was earned prior to August 31. 5. Salaries of $353 were unpaid at August 31. 6. Rentals of $798 were due from tenants at August 31. (Use Accounts Receivable account.) 7. The mortgage interest rate is 8% per year. Journalize the adjusting entries on August 31 for the 3-month period June 1August 31