Question 1 of 3) 15/30 Swifty Resort opened for business on June 1 with eight air-conditioned units. Its trial balance on August 31 is as follows Cash Prepaid Insurance Supplies Land Buildings Equipment Accounts Payable SWIFTY RESORT Trial Balance August 31, 2025 Debit Credit $20.500 5.400 3.500 26,000 126,000 22.000 $5,400 5.500 66.000 106,900 Unearned Rent Revenue- Mortgage Payable Common Stock Retained Earnings Dividends 5,000 Rent Revenue 82.200 Salaries and Wages Expense 44.800 Rent Revenue 82.200 Salaries and Wages Expense 44,800 Utilities Expenses 9,200 Maintenance and Repairs Expense 3,600 $266,000 $266,000 Other data: 1 The balance in prepaid insurance is a one-year premium paid on June 1, 2025. 2. An inventory count on August 31 shows $416 of supplies on hand. 3. Annual Repreciation rates are (a) buildings (4%) and (b) equipment (10%). Salvage value is estimated to be 10% of cost. 4 Unearned Rent Revenue of $3,683 was earned prior to August 31. 5. Salaries of $353 were unpaid at August 31. 6. Rentals of $798 were due from tenants at August 31. 7. The mortgage interest rate is 8% per year. (a) Prepare an adjusted trial balance on August 31. (Do not list those accounts that have zero ending balance) SWIFTY RESORT Adjusted Trial Balance August 31, 2025 Debit Credit