Exercise 3-1O Bramble Resort opened for business on June 1 with eight air-conditioned units. Its trial balance on August 31 is as follows BRAMBLE RESORT TRIAL BALANCE AUGUST 31, 2017 Debit Credit Cash $25,900 Prepaid Insurance 10,800 Supplies 8,900 22,000 Land Buildings 122,000 Equipment 18,000 Accounts Payable $10,800 Unearned Rent Revenue 10,900 62,000 Mortgage Payable 99,300 Common Stock 9,000 Retained Earnings Dividends 5,000 Rent Revenue 78,200 44,800 Salaries and Wages Expense Utilities Expenses 9,200 Maintenance and Repairs Expense 3,600 $270,200 $270,200 Totals 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 $443 of supplies on hand. 3. Annual depreciation rates are (a) buildings (490) (b) equipment (10%). Salvage value is estimated to be 10% of cost. 4. Unearned Rent Revenue of $3,472 was earned prior to August 31. 5. Salaries of $392 were unpaid at August 31. 6. Rentals of $873 were due from tenants at August 31. (Use Accounts Receivable account.) 7. The mortgage interest rate is 8% per year. lournalize the adjusting entries on August 31 for the 3-month period June 1-August 31. (Round answers to the nearest whole dollar, e.g. 5,275. Credit account titles are automatically ndented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Credit No. Date Account Titles and Explanation Debit Aug. 31 Insurance Expense 2700 Prepaid Insurance 2700 Aug. 31 Supplies Expenses 8457 Supplies 8457 3.(a) Aug. 31Depreciation Expense 1220 Accumulated Depreciation-Building 4392 3. (b) Aug. 31 Depreciation Expense 1620 Accumulated Depreciation-Equipment 1620 4.Aug. 31 Unearned Rent Revenue 3472 Rent Revenue 3472 5. Aua. 31 Salaries and Wanes Fv 392 392 5 Aug. 31 Salaries and Wages Expense 392 Salaries and Wages Payable 873 Aug. 31 Accounts Receivable 6. 873 Rent Revenue 1240 Aug. 31 Interest Expense 1240 Interest Payable Your answer is partially correct. Try again. Prepare an adjusted trial balance on August 31 BRAMBLE RESORT Adjusted Trial Balance August 31, 2017 Debit Credit 25900 cash 8100 Prepaid Insurance supplies 443 Land 22000 [ building 117608 equipment 16380 Accounts Payable 10800 7428 Unearned Rent Revenue 62000 Mortgage Payable Common Stock 99300 9000 Retained Earnings Dividend:s 5000 Rent Revenue 82545 Salaries and Wages Expense 45192 Utilities Expenses 9200 Maintenance and Repairs Expense 3600 2700 Insurance Expense Supplies Expenses 8457 Depreciation Expense 4392 Depreciation Expense 1620 278717 278717 Totals Click if you would like to Show Work for this question: Open Show Work