Problem 3-02A a-d Cullumber's Hotel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. CULLUMBER'S HOTEL Trial Balance May 31, 2020 Account Number Debit Credit 101 Cash $3,400 126 Supplies 2,100 130 Prepaid Insurance 3,000 140 Land 15,000 141 Buildings 60,600 149 Equipment 15,600 201 Accounts Payable $4,800 208 Unearned Rent Revenue 3,300 275 Mortgage Payable 40,000 301 Owner's Capital 41,200 429 Rent Revenue 15,100 610 Advertising Expense 550 726 Salaries and Wages Expense 3,200 732 Utilities Expense 950 $104,400 $104,400 In addition to those accounts listed on the trial balance, the chart of accounts for Cullumber's Hotel also contains the follow Depreciation-Buildings, No. 150 Accumulated Depreciation --Equipment, No. 212 Salaries and Wages Payable, No. 230 Int NEAT n addition to those accounts listed on the trial balance, the chart of counts for Cullumber's Hotel also contains the following accounts and account numbers: No. 142 Accumulated Depreciation - Buildings, No. 150 Accumulated Depredation Equipment, No. 212 Saaries and Wages Payable, No. 230 Interest Payable, No 619 Depredation Expense, No. 631 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense Other data: 1. Propinio Insurance is a 1-year policy starting May 1, 2020 2. A count of supplies shows $700 of unused supplies on May 31 3. Annual depreciation is $3,636 on the buildings and 51,560 on equipment 4. The mortgage at an annual interest rates 6% (The mortgage was taken out on May 1.) 5 Two-thirds of the unearned rent revenue has been earned Sataries or $700 sre accrued and unpaid at May 31 0 Joumalize the adjusting entries on May 31 (Credit account titres are automatically indated when the amount anter. Do not indent manual) No Date Account Titles and Explanation Debit Credit 1. May 31 2. May 31 3 May 31 Ver nicy 1000.2021 wo serve A Donation Wine FOLLO 3. May 31 4. May 31 5. May 31 6. May 31 Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adj Journal antras posted in the previous part of the question.) Cash Date No. 101 Explanation Ref. Debit Credit Balance May 31 Balance Supplies Date Explanation No. 126 Balance Rer. Debit Credit May 31 Balance May 31 Adjusting JI Prepaid Insurance Date Explanation No. 130 Balance Ref. Debit Credit May 31 Balance May 31 Adjusting 31 Land Date Explanation Ref. Debit No. 140 Balance Credit May 31 Balance Buildings Date Explanation Ref. No. 141 Balance Debit Credit M Darvo CES Buildings Date Explanation Ref. No. 141 Balance Debit Credit May 31 Balance ly Accumulated Depreciation-Buildings Date Explanation Ref. Debit No. 142 Balance Credit May 31 Adjusting J1 Equipment Date Explanation Ref. Debit No. 149 Balance Credit May 31 Balance Debit No. 150 Balance Credit Accumulated Depreciation-Equipment Date Explanation Ref. Adjusting 1 Accounts Payable Date Explanation Ref. May 31 Debit Credit No. 201 Balance May 31 Balance Unearned Rent Revenue Date Explanation Ref. Debit Credit No. 208 Balance May 31 Balance May 31 Adjusting 01 Salaries and Wages Payable Date Explanation No. 212 Ref. Debit Credit Balance May 31 Adjusting J1 Interest Payable Date Explanation No. 230 Balance Ref. Debit Credit May 31 Adjusting J1 Mortgage Payable Date Explanation Ref. No. 275 Balance Debit Credit May 31 Balance Owner's Capital Date Explanation No. 301 Ref. Debit Credit Balance May 31 Balance Rent Revenue Date Explanation No. 429 Ref. Debit Credit Balance May 31 Balance May 31 Adjusting J1 Advertising Expense Date Explanation Ref. Debit No. 610 Balance Credit May 31 Balance Supplies Expense Date Explanation No. 631 Balance Ref. Debit Credit 31 No. 718 Balance Ref. Debit Credit 31 May 31 Adjusting Interest Expense Date Explanation May 31 Adjusting Insurance Expense Date Explanation May 31 Adjusting Salaries and Wages Expense Date Explanation No. 722 Ref. Debit Credit Balance J1 No. 726 Balance Ref. Debit Credit May 31 Balance May 31 J1 Adjusting Utilities Expense Date Explanation Ref. Debit No. 732 Balance Credit May 31 Balance Prepare an adjusted trial balance on May 31. CULLUMBER'S HOTEL Adjusted Trial Balance Debit Credit $ Totals