SHERIDAN'S HOTEL Trial Balance May 31, 2020 Account Number Debit Credit 101 Cash $3,400 126 Supplies 2.150 130 Prepaid Insurance 2,400 140 Land 13,000 141 Buildings 59,000 149 Equipment 15,000 201 Accounts Payable $4,800 208 Unearned Rent Revenue 3,300 275 Mortgage Payable 40,000 301 Owner's Capital 41.500 429 Rent Revenue 10.100 610 Advertising Expense 600 726 Salaries and Wages Expense 3.200 732 Utilities Expense 950 $99.700 $99,700 Adjusting entries: Ref. No. Date Account Titles and Explanation Debit Credit 1) May 31 Insurance Expense $200 Prepaid Insurance $200 2) May 31 Supplies Expense $1,350 Supplies $1,350 3) May 31 Depreciation Expense $420 Accumulated Depreciation Building $295 Accumulated Depreciation Equipment $125 4) May 31 Interest Expense $200 Interest Payable $200 5) May 31 Unearned rent revenue $2,200 Rent revenue $2,200 6) May 31 Salaries Expense $700 Salaries Pavable $700 Cash SHERIDAN'S HOTEL Adjusted Trial Balance Debit 3400 Supplies 2150 Prepaid Insurance 2400 Land Buildings Equipment Accounts Payable Unarmed Hent Revenue Mortipes Payable Owner's Capital 13000 59000 15000 A Credit 3300 Rent Revenue Advertising Expense 600 Salaries and Wages Expense 3200 Utilities Expense 950 Insurance Expense Supplies Expense Depreciation Expense Accumulated Depreciation-Buildings Accumulated Depreciation Equipment Insurance Expense Interest Payable Totals 99700 99700 1010