The following is the unadjusted trial balance for Sandhill Lodge Ltd. at its year end, May 31, 2021. The company adjusts its accounts monthly. 9.39 / 60 Credit Debit $6,305 11,830 4,430 4,300 112,540 162,000 Cash Accounts receivable Supplies Prepaid insurance Land Buildings Accumulated depreciation-building Furniture Accumulated depreciation-furniture Accounts payable Deferred revenue Mortgage payable, due 2024 Common shares Retained earnings $ 26,800 32.400 19.900 8,110 17500 126,000 60.000 4590 60,000 45,490 1,820 190,745 Retained earnings Dividends declared Rent income Salaries expense Utilities expense Depreciation expense Interest expense Insurance expense Advertising expense Income tax expense 100,570 22,870 18,210 8,710 6.020 1,060 6,480 $494,545 $494,545 Additional information: = (b) Set up T accounts, enter any opening balances, and post the adjusting journal entries prepared in the above part. (Post entries in the order of journal entries presented in the previous part.) Cash Accounts Receivable Supplies 9.39 Buildings Accumulated Depreciation - Buildings Furniture Accumulated Depreciation - Furniture Accounts Payable Salaries Payable V Interest Payable Question 1 of 2 9 Income Tax Payable Deferred Revenue > Mortgage Payable Common Shares Common Shares Retained Earnings Dividends Declared Rent Income 9.39 / 60 Utilities Expense Interest Expense Insurance Expense Depreciation Expense Mortgage Payable Common Shares Common Shares Retained Earnings Dividends Declared Rent Income 9.39 / 60 Utilities Expense Interest Expense Insurance Expense Depreciation Expense