The Sunland Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. SUNLAND HOTEL Trial Balance May 31, 2022 Debit Credit Cash Supplies Prepaid Insurance $ 2,433 2,600 1,800 14,933 72,400 16,800 Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable $ 4,633 3,300 38,400 59,933 9,000 Common Stock Rent Revenue 3,000 Salaries and Wages Expense Utilities Expense Advertising Expense 800 500 $115,266 $115,266 Other data: Other data: 1. Insurance expires at the rate of $300 per month. 2. A count of supplies shows $1,090 of unused supplies on May 31. 3. (a) Annual depreciation is $3,240 on the building. (b) Annual depreciation is $2,640 on equipment. 4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.) 5. Unearned rent of $2,650 has been earned. 6. Salaries of $710 are accrued and unpaid at May 31. Prepare a ledger using T-accounts. Enter the trial balance amounts and post the adjusting entries. (Post entries in the order of journal entries presented in the previous question.) Cash Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Equipment Equipment Accumulated Depreciation-Equipment 5/1 5/31 5/31 Bal. Accounts Payable Unearned Rent Revenue Salaries and Wages Payable Interest Payable Mortgage Payable Common Stock Rent Revenue Salaries and Wages Expense Utilities Expense Advertising Expense Interest Expense Insurance Expense Supplies Expense Depreciation Expense