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The followirie is the unaffusted trial balake for Sanithill Lodge Ltd at itsyear end May 31,2021 . The companyadists its acecounts manthly. 1. Anannual insurance

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The followirie is the unaffusted trial balake for Sanithill Lodge Ltd at itsyear end May 31,2021 . The companyadists its acecounts manthly. 1. Anannual insurance policy was purchased for the first time on October 1.2020, for $11.520 cash 2. A count of supplies shows $1,222 of supplies on hand on M yy 31 3. The buildings have an estimated usefullife of 20 years and stra'ght-linedepreciation is applied 4. The furniture has an estimated useful life of five years and stra'ght-line depreciation is applied 5. Customers must pay a $100 deposit if they want to book a room in advance during the peak period. An analysis of these booksings indicates that 175 deposits were recelved and credited to Deferred Revenue. By May 31 , 25 of the deposits were earned 6. On May 25, a local business contracted with Sandhill Lodze to rent one of its househeeping units for four months, starting June 1, at arate of $2,528 per month. An advance payment equal to cne monthis rent was paid on May 25 and credited to Rent incame 7. On May 31, Sandhil Lodge has earned $1,775 of rent income from customers who are currently staying at the lodge. The customers will pay the amount owing only when theycheck out in early June 8. Salaries of $1,667 are unpald at May 31 9. Interest on the mortzaer payable is $805 for the month of May and due June 1 10. The May utility bili of $2,315 has not yet been recorded or paid 11. Adtitional income tax is estimated to be 51,000 . Prepare adjuntingiournai entries for the month. (Lst all debit entries before condit entries. Credit acmunt titles are automatically indented when the omount is entered. Do not indent manoolly. Round oll amounts to the nearest dollar. If ne entry is mpuired, select "No Entry" for the actount tities and enter ofor the amounts. 4. 31 5. 31 b. 31 7. 31 8. 31 9. 31 10 31 11

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