WP Ch 3: Homework X WP NWP Assessment Player UI A X Course Hero * *Course Hero X *Homework Help - Q&A from X + X C https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=48285615-e0eb-4dbc-8adc-fbf0f4364760#/ques.. - Ch 3: Homework Question 5 of 6 < - / 23 E Marigold Resort opened for business on June 1 with eight air-conditioned units. Its trial balance on August 31 is as follows. MARIGOLD RESORT TRIAL BALANCE AUGUST 31, 2020 Debit Credit Cash $20,800 Prepaid Insurance 5,700 Supplies 3,800 Land 28,000 Buildings 128,000 Equipment 24,000 Accounts Payable $5,700 Unearned Rent Revenue 5,800 Mortgage Payable 68,000 ^ O ENG @ ( D 9:17 PM 1/28/2022 4WP Ch 3: Homework X WP NWP Assessment Player UI A X Course Hero * *Course Hero X *Homework Help - Q&A from X + X C https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=48285615-e0eb-4dbc-8adc-fbf0f4364760#/ques.. - Ch 3: Homework Question 5 of 6 - / 23 E Accounts Payable $5,700 Unearned Rent Revenue 5,800 Mortgage Payable 68,000 Common Stock 100,200 Retained Earnings 9,000 Dividends 5,000 Rent Revenue 84,200 Salaries and Wages Expense 44,800 Utilities Expenses 9.200 Maintenance and Repairs Expense 3,600 $272,900 $272,900 Other data: ^ O ENG @ ( D 9:17 PM 1/28/2022 4WP Ch 3: Homework X WP NWP Assessment Player UI A X Course Hero * *Course Hero X *Homework Help - Q&A from X + X C https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=48285615-e0eb-4dbc-8adc-fbf0f4364760#/ques.. - Ch 3: Homework Question 5 of 6 < - / 23 E Other data: 1. The balance in prepaid insurance is a one-year premium paid on June 1, 2020. 2 . An inventory count on August 31 shows $459 of supplies on hand. 3. Annual depreciation rates are (a) buildings (4%) (b) equipment (10%). Salvage value is estimated to be 10% of cost. 4. Unearned Rent Revenue of $3,595 was earned prior to August 31. 5. Salaries of $398 were unpaid at August 31. 6. Rentals of $735 were due from tenants at August 31. (Use Accounts Receivable account.) 7. The mortgage interest rate is 8% per year. ^ OF ENG @ () D 9:17 PM 1/28/2022 4WP Ch 3: Homework X WP NWP Assessment Player UI A X Course Hero * *Course Hero X *Homework Help - Q&A from X + X C https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=48285615-e0eb-4dbc-8adc-fbfOf4364760#/ques.. - Ch 3: Homework Question 5 of 6 < - / 23 E Prepare an adjusted trial balance on August 31. MARIGOLD RESORT Adjusted Trial Balance Debit Credit $ $ ^ OR ENG # ( D 9:17 PM 1/28/2022 4