CALCULATOR PUL SCREEN PRINTER VERSION BACK NEXT 126 3.000 Problem 3-02A ad Crane's Hotel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 s as follows. CRANE'S HOTEL Trial Balance May 31, 2020 Account Number Debit Credit 101 Cash $3,600 Supplies 2,000 130 Prepaid Insurance 140 Land 12,000 141 Buildings 60,600 149 Equipment 15,600 201 Accounts Payable $4,900 208 Uneared Rent Revenue 3.300 275 Mortgage Payable 301 Owner's Capital 41.000 429 Rent Reven 12,350 610 Advertising Expense 600 726 Salaries and Wages Experts 3.300 732 Uus Ees SO $101.550 3101.550 40,000 In addition to those accounts listed on the trial balance, the chart of accounts for Cranes Hotel contains the following accounts and account numbers: No. 142 Accumulated Depreciation Budings, No. 150 Accumulated Depreciation Equipment, No. 212 Salanes and Wages Payable, No 230 interest Payabil, No 619 Depreciation Expense, No 631 Supres pense No. 718 Interest Expense, and No. 722 Insurance Expense In addition to those accounts listed on the trial balance, the chart of accounts for Crane's Hotel le contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Buildings, No 150 Accumulated Depreciation Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense. Other data: 1. Prepaid insurance is a 1year policy starting May 1, 2020 2 A count of supplies shows $700 of unused supplies on May 31 3. Annual depreciation is $3,636 on the buildings and $1,560 on coment. 4 The mortgage at an awal interest rate is (The mortgage was taken out on May 1.) 5. Two-thirds of the uneared rent revenue has been earned 6 Salaries of some accrued and unpaidat May 31 Journale the adjusting entries on May 31 (Credit account titles are automatically indented when the amount is entered. Do not inden manually) No. Date Account Titles and Explanation Debit Credit May 31 1 2. May 31 3. May 31 3. May 31 4. May 31 5. May 31 6. May 31 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. (Post entries in the order of jou the previous part of the question.) Cash Date No. 101 Balance Explanation Ref. Debit Credit Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance colume and then post the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question) Cash No. 101 Balance Ref. Credit Date Explanation Balance May 31 Supplies Date NIN Balance Ref Debit Credit Explanation Balance May 31 11 Mary 31 10 10 Balance Rel De Credit Prepaid Insurance Date Explanation May 31 Balance 31 May Land Date Det Ref. Credit Balance Explanation May 31 Buildings Dett Cron Balance Date 7:59 May 31 Balance Accumulated Depreciation-Buildings Date Explanation No. 142 Balance Ref. Debit Credit May 31 Adjusting J1 Equipment Date No. 149 Balance Explanation Ref. Debit Credit May 31 Balance No. 150 Balance Accumulated Depreciation-Equipment Date Explanation Adjusting Ref. Debit Credit May 31 J1 Accounts Payable Date Explanation No. 201 Balance Ref. Debit Credit May 31 Balance Unearned Rent Revenue Date Explanation No. 208 Balance Ref. Debit Credit Balance V May 31 Adjusting J1 May 31 Salaries and Wages Payable Date Explanation No. 212 Balance Ref. Debit Credit May 31 Adjusting J1 May 31 Adjusting J1 Interest Payable Date Explanation No. 230 Balance Rer. Debit Credit May 31 Adjusting J1 Mortgage Payable Date Explanation No. 275 Balance Ref. Debit Credit May 31 Balance Owner's Capital Date Explanation No. 301 Balance Ref. Debit Credit May 31 Balance Rent Revenue Date Explanation No. 429 Balance Ref. Debit Credit May 31 Balance May 31 Adjusting J1 No. 610 Advertising Expense Date Explanation Ref. Debit Credit Balance May 31 Balance Depreciation Expense Date Explanation No. 619 Balance Ref. Debit Credit May 31 Adjusting 11 J1 May 31 Adjusting Supplies Expense Date Explanation Rer. No. 631 Balance Debit Credit May 31 Adjusting J1 Interest Expense Date Explanation Ref. Debit No. 718 Balance Credit May 31 Adjusting J1 Insurance Expense Date Explanation Ref. No. 722 Balance Debit Credit J1 May 31 Adjusting Salaries and Wages Expense Date Explanation No. 726 Ref. Debit Credit Balance May 31 Balance May 31 Adjusting J1 Utilities Expense Date Explanation No. 732 Balance Ref. Debit Credit May 31 Balance Prepare an adjusted trial balance on May 31. CRANE'S HOTEL Adjusted Trial Balance Debit Credit Totals Prepare an income statement for the month of May. CRANE'S HOTEL Income Statement $ $ Prepare an owner's equity statement for the month of May. CRANE'S HOTEL Owner's Equity Statement $