Sandhill's Motel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows, SANDHILL'S MOTEL Trial Balance May 31, 2020 Credit Account Number 101 126 130 140 141 Debit $3,400 2,150 3,000 13,000 60,200 15,000 149 201 208 275 301 429 610 726 732 Cash Supplies Prepaid Insurance Land Buildings Equipment Accounts Payable Uneamed Rent Revenue Mortgage Payable Owner's Capital Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense $ 4,900 3,000 40,000 41,000 12,550 550 3,300 850 $101.450 $101.450 In addition to those accounts listed on the trial balance, the charts accounts for Hank's Hotel also contains the following accounts and account numbers: No. 1 Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 531 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense. Other data: 1. Prepaid insurance is a 1-year policy starting May 1, 2020, 2 A count of supplies shows $800 of unused supplies on May 31. 3. Annual depreciation is $3,612 on the buildings and $1,500 on equipment, The mortgage Interest rate is 6%. The mortgage was taken out on May 1.) 5. Two-thirds of the uneared rent revenue has been earned. 6. Salaries of $700 are accrued and unpaid at May 31. Journalize the adjusting entries on May 31. (Credit account titles are automatically lodonted when the amount is entered. Do not indentaly) Date Account Titles and Explanation My 1 Ture No. Debit Credit Journalize the adjusting entries on May 31. (Credit account titles are automatically indented when the amount is entered. Do not indent No. Date Account Titles and Explanation Debit Credit 1. May 31 2. May 31 y 3. May 31 4. May 31 5. May 31 6 May 31 SHOW LIST OF ACCOUNTS LETO TENE LINK TO TEXT LINK TO TENE Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the Cash Date Explanation Ref. Debit Credit No. 101 Balance May 31 Balance Supplies Date Explanation Ref. Debit Credit No. 126 Balance May 31 Balance May 31 Adjusting 31 Prepaid Insurance Date Explanation Ref. Debit Credit No. 130 Balance May 31 Balance May 31 Adjusting 01 Ref. Debit Credit No. 140 Balance Debit Credit No. 141 Balance M Land Date Explanation May 31 Balance Buildings Date Explanation May 11 Balance Amated Depreciation Buildings Date Explanation M Mjusting Et Date Explanation Hay Marmakalaal practiation foupe Date May 11 A Kel Debit Crudit No. 142 Balance 31 Hel Debat Credit ce Her N 150 11 CH Weygandt, Accounting Principles, 13e Help System Announcements Accounts Payable Date Explanation Ref. Debit Credit No. 201 Balance May 31 Balance Uneamed Rent Revenue Date Explanation Ref. Debit No. 208 Balance Credit May 31 Balance 11 May 31 Adjusting Salaries and Wages Payable Date Explanation Ref. Debit Credit No. 212 Balance 01 Ref. Debit Credit No. 230 Balance J! Ref. May 31 Adjusting Interest Payable Date Explanation May 31 Adjusting Mortgage Payable Date Explanation May 31 Balance Oumer's Capital Explanation May 3: Balance Revenge Date Explanation May 31 Balance Debit Credit NO. 275 Balance v Date Ref Debit Credit No. 301 Balance Ref. Debit Credit No. 420 Balance 31 May 21 Ang Advertising Expense bate Debat N 610 Credit Depreciation En Explanation Debut Credit Ret Debut May 31 Balance Depreciation Expense Date Explanation Ref. Debit Credit No. 619 Balance 31 May 31 Adjusting Supplies Expense Date Explanation Ref. Debit Credit No. 631 Balance 31 May 31 Adjusting Interest Expense Date Explanation Ref. Debit No. 718 Balance May 31 Credit Adjusting 31 dy Insurance Expense Date Explanation Ref. Debit Debit May 31 No. 722 Balance Adjusting Credit J1 Salaries and Wages Expense Date Explanation May 31 Balance Ref. Debit Credit No. 726 Balance May 31 Adjusting 31 Utilities Expert Date Explanation Ref. May 31 Debit Balance Credit No, 732 Balance SHON LIST OF ACCOUNTS TOT CIM 10 TEXT UNTO TEXE Prepare an adjusted trial balance on May 31. SANDHILL'S MOTEL Adjusted Trial Balance Debit Credit Prepare an adjusted trial balance on May 31. SANDHILL'S MOTEL Adjusted Trial Balance Debit Credit udy Prepare an income statement for the month of May. SANDHILL'S MOTEL Income Statement SHOW LIST OF ACCOUNTS Prepare an owner's equity statement for the month of May. SANDHILL'S MOTEL Owner's Equity Statement SHOW LIST OF ACCOUNTS Equipment in order of Lan SANDHILL'S MOTEL Balance Sheet Assets $ v Liabilities and Owner's Equity Click if you would like to Show Work for this question: Open Show Work HOW LIST OF ACCOUNTS