IVANHOE'S HOTEL Trial Balance May 31, 2020 Credit Debit $3,500 2,000 1.800 14,000 62,400 14,400 Account Number 101 126 130 140 141 149 201 208 275 301 429 610 726 732 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 $ 4,900 3,000 40,000 41,400 13,800 650 3,400 950 $103,100 $103.100 In addition to those accounts listed on the trial balance, the chart of accounts for Ivanhoe's Hotel also contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Buildings, No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Expense. No. 718 Interest Expense, and No. 722 Insurance Expense. 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 $3.744 on the buildings and $1.440 on equipment. The mortgage at an annual interest rate is 6%. (The mortgage was taken out on May 1.) Two-thirds of the unearned rent revenue has been earned. Salaries of $800 are accrued and unpaid at May 31 5. 6. Debit Credit No. Date Account Titles and Explanation May 1. 31 2. May 31 3. May 31 4. May 31 5. May 31 6. May 31