HANK'S HOTEL Balance Sheet May 31, 2020 Assets Cash 3,400 Lessv Less Total Assets 92,925 Liabilities and Owner's Equity Total Assets 92,925 Liabilities and Owner's Equity Liabilities Accounts Payable 4,700 Unearned Rent Revenue 1,100 Salaries and Wages Payable 750 Interest Payable 200 Total Liabilities Owner's Equity Owner's Capital Total Liabilities and Owner's Equity HANK'S HOTEL Adjusted Trial Balance May 31, 2020 Debit Credit Cash 3,400 Supplies Prepaid Insurance Land 750 2,200 12,000 Buildings Equipment Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Unearned Rent Revenue 60,000 15,000 300 125 4,700 1,100 Mortgage Payable 40,000 Owner's Capital 41.380 41,380 Owner's Capital 12,500 Rent Revenue Interest Payable Salaries and Wages Payable Advertising Expense Depreciation Expense Supplies Expense Interest Expense 200 750 600 425 1,330 200 Insurance Expense 200 Salaries and Wages Expense 4,050 Utilities Expense 900 Totals 101:055 101,055