Question: I don't know how to solve this. please solve so I can understand. Instructions From an analysis of the T-accounts, reconstruct (a) the October transaction

 I don't know how to solve this. please solve so I

I don't know how to solve this. please solve so I can understand.

Instructions From an analysis of the T-accounts, reconstruct (a) the October transaction entries, and (b) the adjusting journal entries that were made on October 31, 2025. Prepare explanations for each journal entry. E2.10 (LO 3) (Adjusting Entries) Greco Resort opened for business on June 1 with eight airconditioned units. Its trial balance on August 31 is as follows. Other data: 1. The balance in prepaid insurance is a one-year premium paid on June 1, 2025. 2. An inventory count on August 31 shows $450 of supplies on hand. 3. Annual depreciation rates are buildings (4%) and equipment ( 10%). Salvage value is estimated to be 10% of cost. 4. Unearned Rent Revenue of $3,800 was earned prior to August 31 . 5. Salaries of $375 were unpaid at August 31 . 6. Rentals of $800 were due from tenants at August 31. 7. The mortgage interest rate is 8% per year. Instructions a. Journalize the adjusting entries on August 31 for the 3-month period June 1-August 31. (Omit explanations.) b. Prepare an adjusted trial balance on August 31

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