WP Ch 3: Homework X WP NWP Assessment Player UI Appli X Homework Help - Q&A from On x Course Hero 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 < 18.85 / 23 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 A OF ENG 10:36 PM le 1/28/2022 3WP Ch 3: Homework X WP NWP Assessment Player UI Appli X Homework Help - Q&A from On x Course Hero 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 18.85 / 23 E 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: 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. A OF ENG 10:37 PM 1/28/2022 3WP Ch 3: Homework X WP NWP Assessment Player UI Appli X Homework Help - Q&A from On x Course Hero 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 < 18.85 / 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. A OF ENG 10:37 PM 1/28/2022 3WP Ch 3: Homework X WP NWP Assessment Player UI Appli X Homework Help - Q&A from On x Course Hero 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 < 18.85 / 23 No. Date Account Titles and Explanation Debit Credit Aug. 1. 31 Prepaid Insurance Expense 1,425 Prepaid Insurance 1,425 Aug. 2. Supplies Expense 3,341 31 Supplies 3,341 3. (a) Aug. Depreciation Expense 4,608 31 Accumulated Depreciation-Building 4,608 Aug. 3. (b) 31 Depreciation Expense 2,160 Accumulated Depreciation-Equipment 2,160 AL A OR ENG 10:37 PM 1/28/2022 3WP Ch 3: Homework WP NWP Assessment Player UI Appli X Homework Help - Q&A from On x Course Hero + X 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 18.85 / 23 WE 4. Aug. Unearned Rent Revenue 3,595 31 Revenue 3.595 5 . Aug. Salaries and Wages Expense 398 31 Salaries and Wages Payable 398 Aug. 6. Accounts Receivable 735 31 Accrued Revenue 735 7. Aug. 31 A OF ENG 10:37 PM 1/28/2022 3WP Ch 3: Homework X WP NWP Assessment Player UI Appli X Homework Help - Q&A from On x Course Hero 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 < 18.85 / 23 E Debit Credit Cash $ 20800 4 Prepaid Insurance 4275 Accounts Receivable 735 Supplies 459 Land 28000 Buildings 128000 Equipment 24000 Accumulated Depreciation-Building 1152 Accumulated Depreciation-Equipment 540 A O K ENG 10:37 PM 1/28/2022 3WP Ch 3: Homework X WP NWP Assessment Player UI Appli X Homework Help - Q&A from On x Course Hero 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 18.85 / 23 E Utilities Expenses 9200 Maintenance and Repairs Expense 3600 Insurance Expense 1152 Supplies Expense 3341 Interest Expense 1360 Accumulated Depreciation-Building 540 Accumulated Depreciation-Equipment 398 Totals $ 277085 277085 eTextbook and Media A OF ENG 10:37 PM 1/28/2022 3