Tha Chevenne Corb, opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. In addition to those accounts listed on the trial balance, the chart of accounts for Cheyenne Corp. also contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Buildings, No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense. Other data: 1. Prepaid insurance is a 1-year policy starting May 1, 2022. 2. A count of supplies shows $855 of unused supplies on May 31 . 3. Annual depreciation is $3,420 on the buildings and $1,608 on equipment. 4. The note payable interest rate is 12%. (The note was taken out on May 1 and will be repaid along with interest in 2 years.) 5. Two-thirds of the unearned rent revenue has been earned. 6. Salaries and wages of $885 are unpaid and unrecorded at May 31. Journalize the adjusting entries on May 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Do not indent manually.) No. Date Account Titles and Explanation 1. May 31 Lesurance Expense \begin{tabular}{|} \hline & 5028 \\ \hline \end{tabular} 5. May 31 Unearned Rent Revenue \begin{tabular}{l} \hline 2508 \\ \hline \end{tabular} 6. May Rent Revenue Interest Payable 228 Salaries and Wages Payable eTextbook and Media Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question.) Salariac and Wanas Pavahle Nn212 Supplies Expense No. 631 eTextbook and Medis List of Accounts. Cheyenne Corp. Adjusted Trial Balance For the Month Ended May 31, 2022 \& Debit Credit Prepald Insurance Land 13680 Buticitien 68400 Accumulated Depreciation-Buildiness 3420 Equapment 16080 Accumulated Depreclation-Equipment 1608 Notes Payable 45600 Accounts Payable 12752 Unearned Rent Revenue 1254 Salaries and Wages Expense Itrerest Payable H ZCVBM Your answer is partially correct. Prepare a retained earnings statement for the month of May 31. Liabilities and Stockholders' Equity Liabilities Notes Payable Accounts Parable Unesmed Rent Revenuie Interost Payable Salaries and Wages Payable Stockholders' Equity $ eTextbook and Media List of Accounts