moodle.delhi.edu/ Silverado Inc Unadjusted Trail Balance Debit Accounts Credit Cash 18,600 Credit Card Receivable 1,300 Prepaid Insurance 3,600 Vending Inventory 1,000 Food Inventory 12,800 Land 19,600 Building 201,700 Equipment 21,600 Furnishings 40,000 Accounts Payable 8,800 Note Payable 40,000 Mortgage Payable 140,000 Capital Stock 120,000 Rooms Revenue 15,600 Vending Revenue 1,200 Supplies Expense 1,800 Wages Expense 3,600 Totals Trial Balance $325,600.00 $325,600.00 The following adjustments are required at the end of the month using the grid below. Cells will expand as you use them: 1. Wages earned by employees but not paid $4,750. 2. The prepaid insurance policy was for one year; the first month of prepaid insurance must be expended. 3. Food inventory on hand is $ 13,100; adjust the food account 4. Interest of $2,300 has accrued on the mortgage payable. 5. The building has an estimated life of 30 years with no residual value. Use straight line depreciation.