please answer the questions all answer choice boxes correctly especially the ones in red

The Sunland Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. SUNLAND HOTEL Trial Balance May 31, 2022 Credit Cash Supplies Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Rent Revenue Salaries and Wages Expense Utilities Expense Advertising Expense Debit $ 2,623 2,600 1,800 15,123 70,000 16,800 3,000 800 500 $ 4,823 3,300 36,000 60,123 9,000 Utilities Expense 800 Advertising Expense 500 $113,246 $113,246 Other data: 1. Insurance expires at the rate of $300 per month. 2. A count of supplies shows $1,050 of unused supplies on May 31. 3. (a) Annual depreciation is $3,480 on the building. (b) Annual depreciation is $2,880 on equipment. 4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.) 5. Unearned rent of $2,590 has been earned. 6. Salaries of $730 are accrued and unpaid at May 31. No. Account Titles and Explanation 1. Insurance Expense Prepaid Insurance 2. 3 (a). 3 (b). 4. 5. 6. Supplies Expense Supplies Depreciation Expense Accumulated Depreciation-Buildings Depreciation Expense Accumulated Depreciation-Equipment Interest Expense Interest Payable Unearned Rent Revenue Rent Revenue Salaries and Wages Expense Debit 300 1,550 290 240 150 2,590 730 Credit 300 1,550 290 240 150 2,590 Salaries and Wages Payable 730 Your answer is partially correct. Prepare a ledger using T-accounts. Enter the trial balance amounts and post the adjusting entries. (Post entries in the order of journal entries presented in the previous question.) Cash 5/31 Bal. Supplies 5/31 Bal. (b) 5/31 Bal. + 2623 2600 Prepaid Insurance 1800 5/31 + + + 300 Homework Assignment - Chapter 4 Question 1 of 2 5/31 Bal. 5/31 Bal. 5/31 Bal. 5/31 Bal. 5/31 + 5/31 Bal. Prepaid Insurance 1800 5/31 1500 education.wiley.com 15123 Land Building 70000 Accumulated Depreciation-Building 5/31 290 5/31 Bal. Equipment 16800 Accumulated Depreciation-Equipment 5/31 300 290 0 240 1.25/5 +88 Homework Assignment - Chapter 4 Question 1 of 2 education.wiley.com Unearned Rent Revenue 5/31 Bal. Salaries and Wages Payable 5/31 # 5/31 Bal. Interest Payable 5/31 # 5/31 Bal. Mortgage Payable 5/31 Bal. Common Stock Rent Revenue 5/31 Bal. 3300 730 730 150 150 36000 60123 1.25/5 +88 Homework Assignment - Chapter 4 Question 1 of 2 5/31 Bal. 5/31 5/31 Bal. 5/31 Bal. 5/31 Bal. 5/31 5/31 Bal. education.wiley.com Rent Revenue Salaries and Wages Expense 3000 730 + 3730 Utilities Expense 800 Advertising Expense 500 Interest Expense 150 1.25/5 +88 Homework Assignment - Chapter 4 Question 1 of 2 Insurance Expense 5/31 5/31 Bal. 300 Supplies Expense 5/31 1550 5/31 Bal. 500 Depreciation Expense 5/31 290 # 5/31 Bal. 290 eTextbook and Media List of Accounts Save for Later Last saved 1 second ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. education.wiley.com 5/31 10.00000 1050 1.25/5 Assistance Used Submit Answer Attempts: 1 of 4 used +88