TAMARISK RESORT Trial Balance August 31, 2025 Debit Credit Cash $24,400 Prepaid Insurance 9,300 Supplies 7,400 Land 22,000 Buildings 122,000 Equipment 18,000 Accounts Payable Unearned Rent Revenue Mortgage Payable $9,300 9,400 62,000 106,800 Common Stock Retained Earnings Dividends 5,000 Rent Revenue 78,200 Salaries and Wages Expense 44,800 Utilities Expenses 9,200 Maintenance and Repairs Expense 3,600 $265,700 $265,700 Other data: 1. The balance in prepaid insurance is a one-year premium paid on June 1, 2025. 2. An inventory count on August 31 shows $447 of supplies on hand. 3. Annual depreciation rates are (a) buildings (4%) and (b) equipment (10%). Salvage value is estimated to be 10% of cost. 4. Unearned Rent Revenue of $3,829 was earned prior to August 31. 5. Salaries of $382 were unpaid at August 31. 6. Rentals of $789 were due from tenants at August 31. 7. The mortgage interest rate is 8% per year. Journalize the adjusting entries on August 31 for the 3-month period June 1-August 31. (Round answers to the nearest whole dollar, e.g. 5,275. Do not round intermediate calculations. 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 O for the amounts. List all debit entries before credit entries.) lo. Date Account Titles and Explanation Aug. Insurance Expense 31 Prepaid Insurance Aug. 31 Supplies Expense Supplies Aug. . (a) Depreciation Expense 31 Accumulated Depreciation-Buildings Aug. (b) Depreciation Expense 31 Accumulated Depreciation-Equipment Aug. Unearned Rent Revenue 31 Rent Revenue Aug. 31 Salaries and Wages Expense Salaries and Wages Payable Aug. Accounts Receivable 31 Rent Revenue Aug. 31 Interest Expense Interest Payable Debit 2325 6953 1080 1440 3829 382 789 4960 Credit 2325 6953 1080 1440 3829 382 789 4960