journalize the adjusting entries

prepare a ledger

prepare an adjusted trail balance

prepare an income statement

prepare retained earnings statement

prepare statement of financial position

Coper atat. LAXY RIVEA BESORT tncome statement decind plices, es 5,215 ) Lequity and thatitities tquity and tiahilets Lazr River Resort opered for business on May 1, 2020 its trial barance before adjustent on Moy 31 is av follaws In addition to those accountslisted on the trial balance, the chart of accounts for Laxy River Resort also contains the followiry accounts and account numbers: No. 142 Accurmalated Depreciation-Bulidinga, No. 150 Accimulated Depreclation-Equipment, No. 212 Salaries and Wyees Payable, No. 230 Interest Payable. No 619 Depreciation Expanke, Na. 631 Suppilizg Expense, Na.718 interest Expense, and Na.722 insurance Expense. Dither data: 1. Prepaid intuirance is a 1- year pollcy startine May 1,2020. 1. Annwal depreciation is 4.4942 on buildines and 62.976 on equipment. 4. The mortesge interest rate is 6N (The imatigage was taken tout on Mar 1) 5. Fwo-thir th of the uneained rent revente is recogvimed as revenus. Journilae the adjusting entries on May 31. Fredit occount tities are automatiodly indented when the amount is entered. Do not indent manualy. Round arivers to 0 decleal ploces es. 5.275. Prepare a ledger using the three-column form of account. Enter the trial talance amounts and post the adfisting entrics. (Post entries in the order of joumal entries posted in the previous part of the questlon. Round answers to 0 decimol ploces, es. 5,275 . utilithes Expense Prepare an income statement for the month of May 31. (Round onswers to 0 decimal places, es. 5,275) Prepare a retained earnings statement for the month of May 31. Itstitens that increase retained earnings first, Round answers to 0 decimol places es 5,275 . Prebare a statemtent of financial position as of May 31 . (tist Property. Plant and fquipment in order of Land, Buildirgs and Equipment. List Current Assets in the reverse arder of Equidity. Round answers to 0 decimal ploces, e.g. 5,275) Prepare a statement of financial position as of May 31. (Llst Propert). Plant and Equlpment in order of Land, Buililirgs and Equifment. Lst Carrent Assets in the reverse ander of llquidity Round answers to 0 decimal places, eg. 5,275)