The Carla Vista Hotel opened for business on May 1, 2025. Here is its trial balance before adjustment on May 31. Carla Vista Hotel Trial Balance May 31, 2025 Debit Credit Cash $2,333 Supplies 2,600 Prepaid Insurance 1,800 Land 14,833 Buildings 71,200 Equipment 16,800 Accounts Payable $4,533 Unearned Rent Revenue 3,300 Notes Payable 37,200 Common Stock 59,833 Rent Revenue 9,000 Salaries and Wages Expense 3,000 Utilities Expense 800 Advertising Expense 500 $113,866 $113,866 Other data: 1. Insurance expires at the rate of $450 per month. 2. A count of supplies shows $1,100 of unused supplies on May 31. 3. Annual depreciation is $3,000 on the building and $2,400 on equipment. 4. The notes payable interest rate is 6%. (The note was taken out on May 1 and has a 1-year life. Interest and principal are to be repaid at the maturity of the note.) 5. Unearned rent of $2,660 has been earned. 6. Salaries of $740 are accrued and unpaid at May 31. CARLA VISTA HOTEL Adjusted Trial Balance 10 Debit $ Credit