only question A needs to be answeref
only part A needs to be answered
ob 1-55 Other data 1 spoof spplies have been during the month 2 Lilities expense red but not pulda May 31, 2022.99 An Into policy for years pucha May 4. S40 of the lance in the wonder om at de adobe month 5. May 31 is a Wodnesdayand employees and paid on Friday. Kruuse Connahags twee plogen Who are paid $920 each for a 5-day work weck The office furniture Sweate with age value is being directed 5190 per month for months 7. Investors representing $1,700 of services performed during the month lust not been recorded or May 31 Instructions a. Prepare the adjusting entries for the month of May this the page turer for your emal b. Enter the fous from the trial balance beginning account balances and place a check in the penting reference colominout the agents to the ledger account c. Prepare an adjusted trial balance at May 31,2023 PAZ (LO 2, 3, 4), AP Financial Statement Hank Hou opened for home ce May 1, 2022. In trial han before adjustment on May 31 follow balance 574 GLS Hank Hotel Trial Balance May 31, 2022 Credit Dehit 5 000 2.00 2100 12.000 0.000 15.000 Account Number 101 IN 130 10 141 145 200 201 204 301 420 010 726 732 Ca supplies palda Land Building Equipment Nosa Accounts Lord Roto Owner's Ciga Rent Rent Advertising Expert Salaries and Wuppen Utilines Expo SO 4.700 41.10 100 600 300 so SOTO 0.83 in addition to how counts and on the trial balance the charts for Hanko contains the following counts and account number No. 142 Accumulated Depecizning No. 150 Accumulated Deptocopment No. 12 Silules and Wigs Pyar Payable, No 619 Depreciation Na 31 Supplies toxpon. No 71 peme and No. 122 Insurance Expo Other dat 1. Prepaid is your policy in May 1, 2002 2. A count of supplies shows 9750 d supplies on May 31, 1. Anna depreciation on the building and 1.500 orquent 4. The nate payatle in the note was taken out on May and will be doing with interest in year) 5. Two-thirds of the introdus med Selain wapes of 750 pidind cordel at May 31 Problems 3.55 Other data 1. $900 of supplies have been used during the month 2. Utilities expense incurred but not paid on May 31, 2032.5250 3. An insurance policy for 2 years was purchased on May 1 4. $400 of the balance in the manne wivice revente Account remains uncated at the end of the month 5. May 31 is a Wednesday, and employees are paid on Fridays Kruus Consulting has two employees who are paid $920 each for a day work week 6. The office furniture has a year life with no salvage value. It is being depreciated at si per month for 6 months 7. Invales representing $1,700 of services performed during the month have not been recorded as or May 31 Instructions 2. Prepare the adjusting entries for the month of May. Use as the page number for your journal b. Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference column Port the adjusting entries to the leder account c. Prepare an adjusted trial balance at May 31, 2023 23.2LO 2, 3, 4), AP Financial Statement Hank's Hotel opened for business on May 1, 2022. Istrial balance before adjustment on May is as follows Adj trial stance 574 Prepare and hallanand GLS Hank's Hotel Trial Balance May 31, 2022 Credit Debit $ 1400 2.000 2.400 12.00 DO 15.000 Account Number 101 126 130 140 141 149 200 201 204 301 429 610 726 712 Cash Supplies Prepaid Insurance Land Buildings Equipment Notes Payable Accounts Payable Uncamed Rent Revenue Owner's Capital Rent Revenue Advertising Experie Salaries and Wages Expense Utilities Expense S40, 4.700 3.10 41.350 10.100 100 100 599,60 599.00 In addition to those accounts listed on the trial balance, the chart of accounts for Hank Hotel also contains the following accounts and account number No. 14. Accumulated Depreciation--Huildings, No 150 Accumulated Depreciation --quipment. No 212 Salaries and Wages Payable, No 230 Interest Payablo, No. 619 Depreciation Expense, No 631 Supplies Expense, No 718 Interest Expense, and No 722 Insurance Expense Other data: 1. Prepaid insurance is a 1 year policy starting May 1, 2022 2. A count of supplies shows $750 of unused supplies on May 1 3. Annual depreciation is $3.600 on the buildings and 51.500 on equipment 4. The note payable interest rate is on (The note was taken out on May and will be repait along with interest in 1 year) 5. Two-thirds of the unearned rent revenue has been earned 6. Salaries and wages of 5750 are unpaid and unrecorded at May 1
