The Elston Motel, Inc. opened for business on May 1, 2008. Its trial balance before

adjustment on May 31 is as follows.

ELSTON MOTEL, INC.

Trial Balance

May 31, 2008

Account

Number Debit Credit

101 Cash $ 2,500

126 Supplies 1,900

130 Prepaid Insurance 2,400

140 Land 15,000

141 Lodge 70,000

149 Furniture 16,800

201 Accounts Payable $ 5,300

208 Unearned Rent 3,600

275 Mortgage Payable 40,000

311 Common Stock 55,000

429 Rent Revenue 9,200

610 Advertising Expense 500

726 Salaries Expense 3,000

732 Utilities Expense1,000

$113,100 $113,100

In addition to those accounts listed on the trial balance, the chart of accounts for Elston Motel

also contains the following accounts and account numbers: No. 142 Accumulated

DepreciationLodge, No. 150 Accumulated DepreciationFurniture, No. 212 Salaries

Payable,No. 230 Interest Payable,No. 320 Retained Earnings,No. 619 Depreciation ExpenseLodge, No. 621 Depreciation ExpenseFurniture, No. 631 Supplies Expense, No. 718 InterestExpense, and No. 722 Insurance Expense.

Other data:

1. Insurance expires at the rate of $200 per month.

2. A count of supplies shows $500 of unused supplies on May 31.

3. Annual depreciation is $3,600 on the lodge and $3,000 on furniture.

4. The mortgage interest rate is 12%. (The mortgage was taken out on May 1.)

5. Unearned rent of $2,500 has been earned.

6. Salaries of $800 are accrued and unpaid at May 31.

Instructions

(a) Journalize the adjusting entries on May 31.

(c) Prepare an adjusted trial balance on May 31.

Please Help. My amounts do not match when I prepare the Adjusted Trial Balance. Please show in detail how did you got the amounts to match.

Thank you for your help