Question 1 of 1 In addition to thost accounts listed on the trial balanke, the chart of accounts for Lary River Resort also contains the following accounts and account numbers: No, 142 Accumulated Depreciation -Buldines. No. 150 Accumulated Deprechition-Fquipment, No. 2125aa1i=s and Wages Payable, No.230 interest Payable, No. 619 Depreciation Expense. No. 6315 sopplies Expense. No. 718 interest Expensc, and No. 722 Insurance Expense Other data: 1. Prepaid insurance is a t vear policy starting May 1,2020. 2. A count of supplies shows 6800 of unused supplies on May 31. 3. Anneal depreciation 3,888 on buallines and 61,548 con equpinent. 4. The mortgage interest rate 6%. The morteage was taben out on May 1.) 5. Two thiras of the unearned rent reveeue is recogilied as revenuc. 7. Salaries of Goo are aconed and unpaid at May 31 Question 1 of 1 Question 1 of 1 LAZY RIVER RESORT Trial Balance MAy 31, 2020 Account Number \begin{tabular}{llr} 101 & Cash & 3,600 \\ 126 & Supplies & 2,100 \\ 130 & Prepaid Insurance & 3,000 \\ 140 & tand & 15,000 \\ 141 & Buildings & 64,800 \\ 149 & Equipment & 15.480 \\ 201 & Accounts Payable & \\ 208 & Unearned Rent Revenue & \\ \hline 275 & Mortgage Payable & \\ \hline 311 & Share Capital-Ordinary & \\ \hline 332 & Dividends & 5,000 \\ \hline 429 & Rent Revenue & \\ 610 & Advertising Expense & 6,300 \\ 726 & Salaries and Wases Expense & 950 \\ \hline 732 & Utilities Exporse & \\ \hline \end{tabular} In addition to those accounts listed on the trial balance, the chart of accounts for Lazy River Resort also contains the fol accounts and account numbers No. 142 Accumulated Depreciation-Buildinges, No. 150 Accurmulated Depreciation-E 212 Silaries and Wages Rerable. No. 230 interest Payable. No. 619 Depreciation Expense, No. 631 Supplies Expense. Expense, and No. 722 Insurance Experse Other data 1. Pregaid insurance is a 1-year policy starting May 1, 2020. 2. A count of supplies stionn 6800 of umused supplies on May 31. 3. Anual depreciation is (3,888 on buildings and 1.548 on equipment. 4. The mortgage interestrite is 6% (The mortgabe was taken out on May 13) 5. Twa-thirds of the unearied rent revenue is recognized as revenue. 7. Svaries of 6700 are accrued and unpald at May 31. Journallze the adjastiog entries on May 31. (Credit account titles are outomatically indented when the arriount is entered. inenualy. Aound answers to O decimal ploces, es, 5,275.) Current Attempt in Progress Lary River Resort opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. In addition to those accounts listed on the trial balance. the chart of accounts for Lazy River Resort also contains the following arcounts and account mumbers. No. 142 Accumulated Depreciation-Buildinss. No, 150 Accurnulated Depreciation-Equipment, No. 212 Sataries and Wases Piyable. No. 230 Interest Payable, No, 619 Depreciation Expense. No. 631. Supplies Experse, No. 718 interest Expense, and No, 722 Insurance Experise. Other data: 1. Prepaidimerance is a 1 year poliovstarting May 1.2020 2. A count of supplies stions E800 of unused supplies on May 91 3. Annual depreciation is 63,888 on buildings and E. 548 an equigcnent. 4. The mortsege interest rate is 6% iThe mor tgeige wastabencut on May 1) 5. Twoithirds aititie aneirned rent revenucis ecobnized as cevensin 7. Sabies of e700 are accrvedand unnaid at Maxai