Supplies Prepaid Insurance Land Interest Payable The following is the unadjusted trial balance for Blossom Suites Ltd. at its year end, March 31, 2024. The company adjusts its accounts monthly. Additional information: 1. The furniture has an estimated useful life of nine years and straight-line depreciation is applied. 2. The March utility bill of $5,070 has not yet been recorded or paid. 3. A count of supplies shows $9,680 of supplies on hand on March 31 . 4. Salaries of $21.500 are unpaid at March 31. 5. Interest on the mortgage payable is $1,690 for the month of March and due April 2. 6. On March 31 , Blossom Suites earned $6,170 of rent from customers who are currently staying at the suites. The customers will pay the amount owing only when they check out. 7. On March 15, a local organization contracted with Blossom Suites to rent one of its executive suites for six months, starting Deferred revenue Mortgage payable, due 2028 Common shares Retained earnings Dividends declared Rent income Salaries expense Utilities expense Depreciation expense Interest expense Insurance expense Advertising expense 174,900 316,050 161,250 107,500 32,250 631,150 212,850 96,750 59,990 19,140 2,580 2,030 Accumulated Depreciation - Furniture Accounts Payable Salaries Payable Set up T accounts, enter any opening balances, and post the adjusting journal entries prepared in the above part. (Post entries in th order of journal entries presented in the previous part.) 5. Interest on the mortgage payable is $1,690 for the month of March and due April 2. 6. On March 31, Blossom Suites earned \$6,170 of rent from customers who are currently staying at the suites. The customers will pay the amount owing only when they check out. 7. On March 15, a local organization contracted with Blossom Suites to rent one of its executive suites for six months, starting July 1. at a rate of $9,680 per month. An advance payment equal to 50% of the rent was paid on March 27 and credited to Rent Income. 8. Customers must pay a $530 deposit if they want to book a room in advance during the peak period. An analysis of these bookings indicates that 330 deposits were received and credited to Deferred Revenue. By March 31 , only 20% of the deposits were earned. 9. An annual insurance.jolicy was purchased for the first time on January 1,2024 , for $15,480 cash. 10. The buildings have an estimated useful life of 15 years and straight-line depreciation is applied. 11. Additional income tax is estimated to be $3,760