Problem 3-02A - 1 d3 (Video) (Part Level Submission) The Blue Spruce Corp. opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. Blue Spruce Corp. Trial Balance May 31, 2020 Account Number Debit Credit 101 Cash $3,600 126 Supplies 2,050 130 Prepaid Insurance 3,000 140 Land 15,000 141 Buildings 61,400 149 Equipment 15.100 201 Accounts Payable $11,200 208 Uneamed Rent Revenue 3,000 275 Mortgage Payable 40,000 311 Common Stock 35,500 Rent Revenue 15,150 610 Advertising Expense 726 Salaries and Wages Expense 3,200 732 Utilities Expense 850 $104,850 $104,850 650 In addition to those accounts listed on the trial balance, the chart of accounts for Blue Soru Corp. also contains the following accounts and account numbers: No. 142 Accumulated Depreciation -Buildings, No. 150 Accumulated Depreciation Equipment, No. 212 Salanes and Wages Payable, No. 250 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Expense, No. 718 Interest Expense and No. 722 Insurance Expense Other data m/eduger/share/assignment/test/alistunulidas 262050BIN10271 $104,850 $104,850 In addition to those accounts listed on the trial balance, the chart of accounts for Blue Spruce Corp. also contains the following accounts and account numbers: No. 142 Acumulated Depreciation ---Buildings, No. 150 Accumulated Depreciation Equipment, No. 212 salaries and Wages Payable, No. 230 Internet Payable, 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, 2020. 2. A count of supplies shows $300 of unused supplies on May 31. 3. Annual depreciation is $3,072 on the buildings and $1,512 on equipment 4. The mortgage interest rate is 12%. (The mortgage was taken out on May 1.) 5. Two-thirds of the unearned rent revenue has been earned. 6. Salaries of $700 are accrued and unpaid at May 31 Journalice the adjusting entries on May 31. (Credit account titles are automatically indented when the amount is entered. Do not ident manually. Round answers to decimal places, .. 5.275.) No. Date Account Titles and Explanation Debat Credit 1. May 31 Insurance Expense 250 Prepaid Insurance 250 2. May 31 Supplies Expense 1250 Supplies 1250 3. May 31 Depreciation Expense L.com/edu/share/assignment/test/aliunildast2620505 N10271 Prepaid Insurance 250 2. May 31 Supplies Expense 1250 Supplies 1250 3. May 31 Depreciation Expense Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment 4. May 31 Interest Expense Interest Payable 5. May 31 Unearned Rent Revenue Rent Revenue 6. May 31 Salaries and Wages Expense Salaries and Wages Payable (b) m/edugen/shared/assignment/test/aglist.unilide asnmt2620508-N10271 t will be available when you complete the part above