Question 4 of 4 - 11 Grane's Hotel opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. CRANE'S HOTEL Trial Balance May 31, 2022 Credit Debit $3.500 2.103 3.180 88.920 Account Number 101 126 130 152 201 301 400 610 226 732 Clash Supplies Prepaid Insurance Equipment Accounts Payable Owner's Capital Service Revenge Advertising Expense Salaries and Wages Expense Utilities Expense $4.900 84,400 13.250 650 3.300 900 $102.550 $102.550 In addition to those accounts listed on the trial balance the chart of accounts for Cranes Hotel also contains the following account and count numbers. No 158 Acumulated Depreciation Equipment. Ne 252Salaries and Wages Payable. No 631 Supplies Expense, No. 712 Depreciation Expense, and NO 722 Insurance Expense Other data Prepeis indurance sa nevystantang Mi, 0.2022 Asunt supplies shows $850ofunded superMar 31 Annuel depreciations 100.neque SESSA Journeo Credit account titles are automatically indented when the amount is entered Dorot Finderit 4 Salaries of $700 are earned and unpaid at May 31 Journalize the adjusting entries on May 31 (Credit cantities are automatically indented when the amount is entered. Donat indent mana? No. Date Account Titles and Explanation Debit Credit May o 265 1 Insurance Expense 31 Prepald Insurance IN May 31 Supplies Expense 1250 Supplies May TA Depreciation Expense 31 Accumulated Depreciation Equipment May 31 Salaries and Wages Expense Salaries and wases Payable eTextbookand Media Assistance used List Accounts este cu acest site en el ans au secolumn and then post the adjustine entries: lbst entries in the found No. 101 Balance Debat Gredit Ref. 3500 3500 Cash Date Explanation May 31 Balance Supplies Date Explanation May 31 Balance No. 126 Ref. Debit Credit Balance 2100 2100 11 1250 850 May 31 Adjusting Prepaid Insurance Date Explanation May 31 Balance No. 130 Balance Ref. Debit Credit 3150 3180 31 265 2195 May 31 Adjusting Equipment Date Explanation No. 157 Balance Ref. Debit Credit May 31 Balance 24930 88920 No. 158 Ref. Debit Credit Balance 33 Accumulated Depreciation Equipment Date Explanation May 31 Adjusting Accounts Payable Date Explanation Me Balance Salaries and Wages Payable Date Explanation Credit Credit No. 201 Debit Ref. Credit Balance No. 212 Balance Ref. Debit Credit May Adu NA O Question 4 of 4 > -71 No. 301 Det Credit Balance Ref. No. 400 Owner's Capital Date Explanation May 31 Balance Service Revenue Date Explanation May 31 Balance Advertising Expense Date Explanation May 31 Balance Ref. Debit Credit Balance No. 610 Ref. Debit Credit Balance V No. 631 Ref. Debit Credit Balance J1 2250 1250 No. 711 Debit Credit Balance Ref. 31 Supplies Expense Date Explanation May 31 Adjusting Depreciation Expense Date Date May 31 Adjusting Insurance Expense Date Explanation May 31 Adjusting Salaries and Wages Expense Date Explanation May 31 Balance No. 722 Ref. Debit Credit Balance Ji 263 No. 726 Ref. Debit Credit Balance May 31 Adjusting Utilities Eponse Date Explanation May 31 Balance Ref. Debit No. 732 Balance Credit O Question 4 of 4 III CRANE'S HOTEL Adjusted Trial Balance Delit Credit $ $ Tui Prepare an income statement for the month of May. CRANE'S HOTEL Income Statement $ Y ES eTextbook and Media List of Accounts List of Accounts Prepare an owner's equity statement for the month of May. CRANE'S HOTEL Owner's Equity Statement $ V $ eTextbook and Media List of Accounts Prepare a bence andet at Assets in order liquid properly Plant and Equipment in arder of Land Buildings and Equipment CRANE'S HOTEL Balance Sheet CRANE'S HOTEL Balance Sheet Assets $ > Liabilities and owner's Equity V V 5 3 e Textended