Orioles Hotel opened for business on May 1.2022. Its trial balance before adjustment on May 31 is as follows ORIOLE'S HOTEL Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash $3,600 126 Supplies 2050 130 Prepaid Insurance 3,000 140 Land 15,000 141 Buildings 60,800 149 Equipment 15,600 200 Notes Payable $ 40,000 201 4.800 208 3,300 41.200 301 429 Accounts Payable Unearned Rent Revenue Owner's Capital Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense 15,600 610 550 726 3,400 732 900 $104,900 $104,900 In addition to those accounts listed on the trial balance, the chart of accounts for Oriole'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. In addition to those accounts listed on the trial balance, the chart of accounts for Oriole'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, 2022 A count of supplies shows $800 of unused supplies on May 31 Annual depreciation is $3,648 on the buildings and $1,560 on equipment. The note payable interest rate is 6%. (The note was taken out on May 1 and will be repaid along with interest in 1 year) Two-thirds of the unearned rent revenue has been earned Salaries and wages of $700 are unpaid and unrecorded at May 31 4. 5. 6 Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. (Pest entries in the order of journal entries posted in the previous part of the question) No. 101 Cash Date Ref. Credit Explanation Debit Balance 3600 May 31 Balance No. 126 Supplies Date Explanation Balance Ref. Debit Credit 2050 May 31 Balance May 31 Adjusting 31 No. 130 Prepaid Insurance Date Explanation Balance Ref. Debit Credit 3000 May 31 Balance May 31 Adjusting 11 No. 140 Land Date Explanation Ref. Debit Debit Balance Credit May 31 Balance No. 141 Buildings Date Explanation Ref. Debit Balance Credit May 31 Balance Accumulated Depreciation No. 142 DO No. 142 Accumulated Depreciation -Buildings Date Explanation Ref Debit Balance Credit May 31 Adjusting 31 No. 149 Equipment Date Explanation Ref. Debit Credit Balance May 31 Balance No. 150 Accumulated Depreciation -Equipment Date Explanation Ref. Debit Credit Balance 31 May 31 Adjusting Accounts Payable Date Explanation No. 201 Ref. Debit Credit Balance May 31 Balance No. 208 Unearned Rent Revenue Date Explanation Ref. Debit Credit Balance May 31 Balance 31 May 31 Adjusting Salaries and Wages Payable Date Explanation No. 212 Ref. Debit Credit Balance May 31 Adjusting 31 No. 212 Salaries and Wages Payable Date Explanation Balance Ref. Debit Credit Adjusting JI No. 230 Interest Payable Date Explanation Ref. Debit Credit Balance May 31 Adjusting 31 No. 200 Notes Payable Date Explanation Rel. Debit Credit Balance May 31 Balance No. 301 Owner's Capital Date Explanation Ref. Debit Credit Balance May 31 Balance No. 429 Rent Revenue Date Explanation May 31 Balance Ref. Debit Credit Balance 31 No. 610 May 31 Adjusting Advertising Expense Date Explanation May 31 Balance Ref Debit Credit Balance No. 619 Depreciation Expense Date Explanation Rel. Debit Credit Balance May 31 Adjusting Supplies Expense No.631 No. 631 Supplies Expense Date Explanation Balance Ref. Debit Credit Hay 31 Adjusting 31 No. 718 Interest Expense Date Explanation Rel Debit Credit Balance 31 May 31 Adjusting Insurance Expense Date Explanation No. 722 Rel. Debit Credit Balance May 31 Adjusting 31 No. 726 Salaries and Wages Expense Date Explanation Ref. Debit Credit Balance 31 May 1 Balance May 31 Adjusting Utilities Expense Date Explanation No. 732 Ref. Debit Credit Balance May 31 Balance