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B C D E J K L M N O P Q R S T U V w X Y Z AA AB AC AD AE AF AG AH AU AK AL AM 1. Record adjustments on May 31 that reflect the following data. Include explanations for each adjustment to revenue or expense. AI) Insurance expires the rate of $450 per month A2) A count of supplics shows $1,05 11 of unusexl supplics on May 31 A3) Annual depreciation $3,600 on the building and $3,000 on quipment place focords two separate transactions A4) The mortgage interest rate is 6% {The inaripade was taken out on May 1) A5) Rental Services related to uncanned rent of $2,500 have been provided A6) Selaries of soll are accrued and unpaid at May 11, 2. Find the adjusted balance for each column in the tabular summary. (checking total rent revenue = $11,500) 3. Prove that the expanded accounting equation balances. 4. Prepare an Income statement and a retained earnings statement for the month of May and a classified balance sheet at May 31. (checking total - Net Income = $3,570) Ascens + + Stockholders Equity Roland baru Propd. Ins. 1,800 Acoun Depr. Bldg. + Tquin 0 16.800 Accuin Depr. Tiquip 0 Tiabilities Sal. & Wages Pay. 0 Uncanned Rent Rev. 1,300 Acets - Pay. + Pay. + + 4,700 0 Land + Bldgs. 15,000 70,000 + Cash + Unadi. Tal. 2.500 Adi Supplies + 2.600 + Morte . Pay 35,000 Div. . Com Stock 60,000 Rev. 9,000 Exn. -4,300 450 450 (12) 1.550 1.550 -250 -300 -250 -180 180 -2.500 2.500 (14) (AS) (A6) Adi Bal 2.500 WID 10 -900 -7.990 1.OSO 1.050 150,00 -300 16,800 -250 4.700 0 8001 58.160 000 11.500 MOTO HOTEL Retained Earnings Statement For the Month Ended May 31, 2022 1 Retained Earnings May 1 2 2 3 13 4 14 5 5 Balance Sheet May 31, 2022 Assets 2,500 cash supplies prepaid insurance land buildings 2,600 1,800 15,000 70,000 Liabilities and Stockholders' Equity