I ONLY NEED THE RED BOXES ANSWERED! Another expert answered this earlier but got those ones wrong, maybe another expert knows the correct answer. Thanks!

TUTOR SANDHILL'S MOTEL Trial Balance May 31, 2020 Account Number 101 Credit 126 130 Debit $3,400 2,150 3,000 13,000 50,200 15,000 140 141 149 201 Cash Supplies Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Owner's Capital Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense 208 275 301 429 610 726 732 $ 4,900 3,000 40,000 41,000 12,550 550 3,300 850 $101,450 $101,450 301 429 41,0 12,5 610 Owner's Capital Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense 550 726 732 3,300 850 $101,450 $101.450 In addition to those accounts listed on the trial balance, the chart of accounts for Hanks He Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Other data: 1. 2. 3. Prepaid insurance is a 1-year policy starting May 1, 2020. A count of supplies shows $800 of unused supplies on May 31. Annual depreciation is $3,612 on the buildings and $1,500 on equipment, The mortgage interest rate is 6%. (The mortgage was taken out on May 1.). Two-thirds of the unearned rent revenue has been eamed. Salaries of $700 are accrued and unpaid at May 31. 4. 5. 6. Your answer is partially correct. Try again Journalize the adjusting entries on May 31. credit account titles are automatically indentec No. Date Account Titles and Explanation Debit Credit AN 1 May 31 Lsurance Expense urnalize the adjusting entries on May 31: (Credit account wites are automatically indented when the amount is entered. Do not 0. Date Account Titles and Explanation Debit Credit May 31 tnsurance Expense $250 Prepaid Insurance $250 May 31 supplies Expense $1 350 Supplies S1350 3. May 31 Depreciation Expense $5,112 28 Accumulated Depreciation-Buildings $3.612 Accumulated Depreciation Equipment $1.500 4. May 31 Interest Expense $200 Interest Payable $200 5. May 31 Unearned Rent Revenue $2,000 Rent Revenue $2,000 6. May 31 Salaries and Wages Expense $200 2 Salaries and Wages Payable $700 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT NO, 120 Date Explanation Ref. Debit Credit Balance Check Question May 31 Balance 2,150 Check Question May 31 Esssment Adjusting 31 1,350 800 sessment Prepaid Insurance Date Explanation Ref. Debit No. 130 Balance Credit Brief Exencia 2 Problem May 31 Balance 3,000 Score Results by Study May 31 Adjusting 31 250 2,750 Land Date Explanation Ref. No. 140 Balance Debit Credit May 31 Balance 13,000 Buildings Date Explanation Ref. No. 141 Balance Debit Credit May 31 Balance 60,200 Accumulated Depreciation Buildings Date Explanation Debit No. 142 Balance Credit Ref. . 31 May 31 Adjusting 3,612 3,612 Equipment Date Explanation Ref. Debit Credit No. 149 Balance 15,000 May 31 Balance Accumulated Depreciation Equipment Date Explanation Ref. Debit No. 150 Halance Credit May 21 Adjusting 31 1,500 1.500 Accounts Payable Dute Explanation Ref Debit Credit No. 201 Balance May 31 Balice 4,000 Unoured Monte Datu Explanation No, 204 Rat Debit Credi Ref. Debil Credit Balance May 31 Balance 1411000 Question Question Rent Revenue Date Explanation No. 429 Balance Ref Debit Credit Question May 31 Balance V 12.550 May 31 Adjusting 11 2,000 14,5501 No. 610 Advertising Expense Date Explanation Ref. Debit Credit Balance em E May 31 Balance 550 by Study No. 619 Depreciation Expense Date Explanation Ref. Debit Credit Balance May 31 Adjusting 31 5,112 5.112 Supplies Expense Date Explanation No. 631 Balance Ref. Debit Credit May 31 Adjusting J1 1,350 1,350 Interest Expense Date Explanation No. 718 Balance Ref. Debit Credit May 31 Adjusting 31 200 200 Insurance Expense Date Explanation No. 722 Balance Ref. Debit Credit May 31 Adjusting 01 250 250 Salaries and Wages Expense Date Explanation No. 726 Balance Ref. Debit Credit NMENT RESOURCES 21 BHOMEWORK Cash 400 Supplies tet. Check Question 17 800 UUD Prepaid Insurance 2730 E Land 13,000 estice Teuildings 60,200 adice Problem Accumulated Depreciation Buildings 3:512 wers w Results by Study ve Equipment 15,000 Accumulated Deprecation-Equipment 1.500 Accounts Payable 1.900 Uneamed Rent Revenue 11000 Salaries and Wages Payable 200 interest Payable 200 Mortgage Payable 40.000 Owner's Capital 2 Fent Revenge 41,000 14.550 Advertising Expense 550 Deprecation Expense /112 Supplies Expenne . 1,350 internet Exp 200 Interest Expense aco Insurance Expense 90 Salaries and Wages Expense 4000 Utilities Expense 850 Totals 107 462 102,462 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Ea Your answer is partially correct. Try again. Prepare an income statement for the month of May, SANDHILL'S MOTEL Income Statement For the Month Ended May 31, 2020 Rent Revenu 14.50 S MOTEL Income Statement For the Month Ended May 31 2070M Revenue Rent Revenue 14550 AN Advertising Expense 550 X Depredation Expense 5,112 Subbles Expense 1,350 interest Expense 200 Insurance Expense 250 Salaries and Wages Expense 4.000 8150 Utilities Expense 12 312 TOTA Expenses 2,238 VA SHOWLIS OF ACHOUNEN Prepare an owner's equity statement for the month of May. SANDHILL'S MOTEL Owner's Equity Statement For the Month Ended May 31, 2020 Owner's Capital May 1 41,000 Add Investment Net Income (Loss) 2,238 wher's Capital, May 31 43,238 diswer is partially correct. Try again. Prepare a balance sheet at May 31. (List Assets in order of liquidity. List Property, plant and Equipment in order of Land, Buildings SANDHILL'S MOTEL Balance Sheet May 31, 2020 Assets Study Cash 3,400 Supplies 800 Prepaid Insurance 2,750 Land 13,000 Buildings 50,200 Less Accumulated Depreciation Buildings 3,612 56,568 Equipment 15,000 Tabs | Accumulated Depreciation Equipment 1,500 13,500 Total 90,035 Liabilities and Owner's Equity ciabil Accounts Payable Warna Raven 1.000 Salarion Waoe payabile 100 urucu OP Coto Asses 90039 Liabilities and Owner's Equity WONG Study Accounts Payable 1,902 Unearned Rent Revenue 1,000 Salaries and Wages Payable 700 Interest Payable 200 Mortgage Payable 40,000 Total Liabilities 46,800 Owner's Equity Owner's Capital 43,238 Total abilities and Owner's Equity 90.039 Click if you would like to show Work for this question: Open Show.Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT