P32A The Anniston Morel upened for business on May 1, 2010, Its trial balance before ad Just on May 31 is as follows ANNISTON MOTEL Trial Balance May 31,2010 Account Number Debit Credit 101 Cash $ 2.500 126 130 Supplies Prepaid Insurance 1,900 2,400 140 Land 15,000 141 Lodge 70,000 149 Furniture 15,800 201 Accounts Payable $ 5,300 208 Unearned Rent 275 Mortgage Payable 3,500 40,000 301 429 Ret Revenue Anniston, Capitalsh -Saxo 610 726 Salaries Expens Advertising Expense 5000 10003 9,200 500 732 3,000 Utilities Expense 1,000 $113,100 $113.100 00 In addition to those accounts listed on the trial balance, the chart of accounts for Anniston Motel also contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Lodge, No. 150 Accumulated Depreciation-Furniture, No. 212 Salaries Payable, No. 230 Interest Payable, No. 619 Depreciation Expense-Lodge, No. 621 Depreciation Expense-Furniture, No. 631 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense. Other data: 1. Insurance expires at the rate of $200 per month. 2. A count of supplies shows $500 of unused supplies on May 31. 3. Annual depreciation is $3,600 on the lodge and $3,000 on furniture 4. The mortgage interest rate is 12%. (The mortgage was taken out on May 1.) 5. Unearned reat of $2,500 has been earned. 6. Salaries of $800 are accrued and unpaid at May 31. Instructions (a) Journalize the adjusting entries on May 31. (b) Prepare a ledger using the three-columa form of account. Enter the trial balance amounts and post the adjusting entries. (Use J1 as the posting reference.) e) Prepare an adjusted trial balance on May 31. d) Prepare an income statement and an owner's equity statement for the month of May and a balance sheet at May 31