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The Moto Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. MOTO HOTEL Trial Balance May

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The Moto Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. MOTO HOTEL Trial Balance May 31, 2022 Credit Debit $ 2,500 2,600 1,800 15,000 70,000 16,800 Cash Supplies Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Rent Revenue Salaries and Wages Expense Utilities Expense Advertising Expense $4,700 3,300 36,000 60,000 9,000 3,000 800 500 $113,000 $113,000 Other data: (b) Prepare a ledger using T-accounts. Enter the trial balance amounts and post the adjusting entries. (Post entries in the journal entries presented in the previous question.) Cash Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Question 7 of 7 Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Rent Revenue V Salaries and Wages Payable Interest Payable Mortgage Payable Common Stock Common Stock Rent Revenue Salaries and Wages Expense Utilities Expense Advertising Expense Interest Expense Insurance Expense Advertising Expense Interest Expense Insurance Expense v Supplies Expense Depreciation Expense V V

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