The Blossom Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. BLOSSOM HOTEL Trial Balance May 31, 2022 Credit Cash Debit $ 2,513 2,600 1,800 15,013 67,600 16,800 Supplies Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Rent Revenue Salaries and Wages Expense Utilities Expense Advertising Expense $ 4,713 3,300 33,600 60,013 9,000 3,000 800 500 $110,626 $110,626 Other data: 1. 2. 3. Insurance expires at the rate of $450 per month. A count of supplies shows $1,070 of unused supplies on May 31. (a) Annual depreciation is $2,760 on the building. (b) Annual depreciation is $2,160 on equipment. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.) Unearned rent of $2,620 has been earned. Salaries of $720 are accrued and unpaid at May 31. 4. 5. 6. Journalize the adjusting entries on May 31. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. 2. 3 (a). 3 (b). 5. 6