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

SHERIDAN RESORT TRIAL BALANCE AUGUST 31, 2020
		Debit			Credit
Cash		$21,700
Prepaid Insurance		6,600
Supplies		4,700
Land		24,000
Buildings		124,000
Equipment		20,000
Accounts Payable					$6,600
Unearned Rent Revenue					6,700
Mortgage Payable					64,000
Common Stock					97,100
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
		$263,600			$263,600

Other data:

1.		The balance in prepaid insurance is a one-year premium paid on June 1, 2020.
2.		An inventory count on August 31 shows $459 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 $3,760 was earned prior to August 31.
5.		Salaries of $359 were unpaid at August 31.
6.		Rentals of $843 were due from tenants at August 31. (Use Accounts Receivable account.)
7.		The mortgage interest rate is 8% per year.

. Prepare an adjusted trial balance on August 31.