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Wildhorse's Hotel opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. WILDHORSE'S HOTEL Trial Balance
Wildhorse's Hotel opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. WILDHORSE'S HOTEL Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash $3,600 126 Supplies 2,000 130 Prepaid Insurance 1,800 140 Land 12,000 141 Buildings 62,000 149 Equipment 14,400 200 Notes Payable $40,000 201 Accounts Payable 4,900 208 Unearned Rent Revenue 3,000 301 Owner's Capital 41,200 429 Rent Revenue 11,400 610 Advertising Expense 550
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