Mac's Motel opened for business on May 1, 2017. Its trial balance before adjustment on May 31 is as follows

Prepare an income statement for the month of Ma}.r 31. MAC'S HOTEL Income Statement SHOW LIST OF ACEOUN TS Prepare an owner's equity Statement for the month of Man.r 31. HAC'S MOTEL Owner's Equity Statement Ma? 31 AdJLEUnll 31 Land He. 14le Babe Emhnam car. Debit Credit Balance May 31 Balance xi Bate Exphnacn Ber. Debit Credil Balance Mai,r 31 Balance 1f Acmmulalecl DementiatiunBuildimm Babe Exphnatlcn Bel. Debit Crell Balance May 31 Adjusting J1 Babe Exphnam Bel. Debit Credit Balance Manr 31 Balance 1f ncmmulatecl DepredaticnEquicmenl May 31 human: J1 Accounts Payable No. 201 Date Explanation Ref. Debit Credit Balance May 31 Balance J Unearned Rent Revenue No. 208 Date Explanation Ref. Debit Credit Balance May 31 Balance J May 31 Adjusting Jl Salaries and Waga: Payable N11. 212 Date Explanation Ref. Debit Credit Balance May 31 Adjusting Jl Interest Payable N11. 231] Date Explanation Ref. Debit Credit Balance May 31 Adjusting Jl Mortgage Payable Nu. 27'5- Date Explanation Ref. Debit Credit Balance May 31 Balance 11" Owner's Capital Me. 301 Date Explanation Ref. Debit Credit Balance Ma's.r 31 Balance 12' Rent Revenue Me. 429 Date Explanation Ref. Debit Credit Balance Ma's.r 31 Balance 12' I'v'la'glr 31 Adjusng J1 Advertising Expense Ne. E-l Date Explanation Ref. Debit Credit Balance I'u'la'glr 31 Balance v' Depreciation Expense Ne. 519 Date Explanation Ref. Debit Credit Balanee I'u'la'glr 31 Adjusng Jl Supplies Expense Me. :531 Date Explanation Ref. Debit Credit Balanee Mayr 31 Adjusting Jl Interest Expense Nd. 3'18 Date Explanation Ref. Debit Credit Balance May 31 Adjusting J1 Insurance Expense Nd. 3'22 Date Explanation Ref. Debit Credit Balance May 31 Adjusting J1 Salaria and \"fauna Expense Nd. 3'26 Date Explanation Ref. Debit Credit Balance May 31 Balance J May 31 Adjusting J1 Utilitia Expense Nd. 3'32 Date Explanation Ref. Debit Credit Balance May 31 Balance at\" Prepare an adjusted trial balance on Mawr 31. FIRES HUI I-I AIIJuMHi Ira-II Halalux