The Crane Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31.

CRANE HOTEL Trial Balance May 31, 2022
		Debit			Credit
Cash		$ 2,403
Supplies		2,600
Prepaid Insurance		1,800
Land		14,903
Buildings		70,000
Equipment		16,800
Accounts Payable					$ 4,603
Unearned Rent Revenue					3,300
Mortgage Payable					36,000
Common Stock					59,903
Rent Revenue					9,000
Salaries and Wages Expense		3,000
Utilities Expense		800
Advertising Expense		500
		$112,806			$112,806

Other data:

1.		Insurance expires at the rate of $450 per month.
2.		A count of supplies shows $1,160 of unused supplies on May 31.
3.		(a) Annual depreciation is $3,480 on the building.
		(b) Annual depreciation is $2,880 on equipment.
4.		The mortgage interest rate is 6%. (The mortgage was taken out on May 1.)
5.		Unearned rent of $2,580 has been earned.
6.		Salaries of $760 are accrued and unpaid at May 31.

Prepare a ledger using T-accounts. Enter the trial balance amounts and post the adjusting entries. (Post entries in the order of journal entries presented in the previous question.)