Problem 4-3A (Part Level Submission) The Solo Hotel opened for business on May 1, 2014. Here is its trial balance before adjustment on May 31. SOLO HOTEL Trial Balance May 31, 2014 Debit Credit Cash $ 2,897 Supplies 2,600 Prepaid Insurance 1,800 Land 15,397 Buildings 71,200 Equipment 16,800 Accounts Payable $ 5,097 Unearned Rent Revenue 3,300 Mortgage Payable 37,200 Common Stock 60,397 Rent Revenue 9,000 Salaries and Wages Expense 3,000 Utilities Expense 800 Advertising Expense 500 $114,994 $114,994 Other data: 1. Insurance expires at the rate of $360 per month. 2. A count of supplies shows $1,137 of unused supplies on May 31. 3. (a) Annual depreciation is $3,960 on the building. (b) Annual depreciation is $3,840 on equipment. 4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.) 5. Unearned rent of $2,538 has been earned. 6. Salaries of $785 are accrued and unpaid at May 31. Collapse question part (a) Journalize the adjusting entries on May 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. 2. 3 (a). 3 (b). 4. 5. 6. SHOW LIST OF ACCOUNTS LINK TO TEXT Link to Media Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER Expand question part (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (d1) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (d2) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (d3) The parts of this question must be completed in order. This part will be available when you complete the part above.