The Cullumber Hotel opened for business on May $1,2025.$ Here is its trial balance before

adjustment on May $31.$

Cullumber Hotel

Trial Balance

May $31,2025$

Debit Credit

Cash $$2,343$

Supplies $2,600$

Prepaid Insurance $1,800$

Land $14,843$

Buildings $67,600$

Equipment $16,800$

Accounts Payable $$4,543$

Unearned Rent Revenue $3,300$

Notes Payable $33,600$

Common Stock $59,843$

Rent Revenue $9,000$

Salaries and Wages Expense $3,000$

Utilities Expense $800$

Advertising Expense $500$

Journalize the adjusting entries on may $31$st please