Shamrock Resort opened for business on June 1 with eight air conditioned units Its trial balance on August 31 is as follows SHAMROCK RESORT TRIAL BALANCE AUGUST 31, 2017 Debit Credit Cash $26,200 Prepaid Insurance 11,100 Supplies 9,200 Land 24,000 Buildings 124,000 Equipment 20,000 Accounts Payable $11,100 Unearned Rent Revenue 11,200 Mortgage Payable 64,000 Common Stock 101,600 Retained Earnings 9,000 Dividends 5,000 Rent Revenue 80,200 Salaries and Wages Expense 44,800 Utilities Expenses 9,200 Maintenance and Repairs Expense 3,600 Totals $277,100 $277,100 Other data 1 The balance in prepaid insurance is a one year premium paid on June 1, 2017 2 An inventory count on August 31 shows $478 of supplies on hand 3 Annual depreciation rates are (a) buildings (4 ) (b) equipment (10 ) Salvage value is estimated to be 10 of cost 4 Unearned Rent Revenue of $4,019 was earned prior to August 31 5 Salaries of $356 were unpaid at August 31 6 Rentals of $743 were due from tenants at August 31 (Use Accounts Receivable account ) 7 The mortgage interest rate is 8 per year Journalize the adjusting entries on August 31 for the 3 month period June 1August 31 (Round answers to the nearest whole dollar, e g 5,275 Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required, select No entry for the account titles and enter 0 for the amounts ) No Date Account Titles and Explanation Debit Credit 1 Aug 31 2 Aug 31 3 (a) Aug 31 3 (b) Aug 31 4 Aug 31 5 Aug 31 6 Aug 31 7 Aug 31 Show List of Accounts Link to Text Prepare an adjusted trial balance on August 31 SHAMROCK RESORT Adjusted Trial Balance August 31, 2017 Debit Credit $ $ Totals $ $

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Shamrock Resort opened for business on June 1 with eight air-conditioned units. Its trial balance on August 31 is as follows. SHAMROCK RESORT TRIAL BALANCE

Shamrock Resort opened for business on June 1 with eight air-conditioned units. Its trial balance on August 31 is as follows.

SHAMROCK RESORT TRIAL BALANCE AUGUST 31, 2017
	Debit	Credit
Cash	$26,200
Prepaid Insurance	11,100
Supplies	9,200
Land	24,000
Buildings	124,000
Equipment	20,000
Accounts Payable		$11,100
Unearned Rent Revenue		11,200
Mortgage Payable		64,000
Common Stock		101,600
Retained Earnings		9,000
Dividends	5,000
Rent Revenue		80,200
Salaries and Wages Expense	44,800
Utilities Expenses	9,200
Maintenance and Repairs Expense	3,600
Totals	$277,100	$277,100

Other data:

1.		The balance in prepaid insurance is a one-year premium paid on June 1, 2017.
2.		An inventory count on August 31 shows $478 of supplies on hand.
3.		Annual depreciation rates are (a) buildings (4%) (b) equipment (10%). Salvage value is estimated to be 10% of cost.
4.		Unearned Rent Revenue of $4,019 was earned prior to August 31.
5.		Salaries of $356 were unpaid at August 31.
6.		Rentals of $743 were due from tenants at August 31. (Use Accounts Receivable account.)
7.		The mortgage interest rate is 8% per year.

Journalize the adjusting entries on August 31 for the 3-month period June 1August 31. (Round answers to the nearest whole dollar, e.g. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)