I would like some assist in this problem, Please form your answer in the same way the tale is built and use the list of accounts provided.

Thank you so much

List Of Accounts

• Accounts Payable
• Accounts Receivable
• Accumulated Depreciation - Buildings
• Accumulated Depreciation - Equipment
• Accumulated Depreciation - Furniture
• Accumulated Depreciation - Vehicles
• Advertising Expense
• Bank Loan Payable
• Bank Loan Receivable
• Buildings
• Cash
• Common Shares
• Deferred Revenue
• Depreciation Expense
• Dividends Declared
• Equipment
• Fees Earned
• Furniture
• Income Summary
• Income Tax Expense
• Income Tax Payable
• Income Tax Receivable
• Insurance Expense
• Insurance Revenue
• Interest Expense
• Interest Income
• Interest Payable
• Interest Receivable
• Land
• Mortgage Payable
• No Entry
• Notes Receivable
• Office Expense
• Prepaid Advertising
• Prepaid Cleaning
• Prepaid Insurance
• Prepaid Rent
• Prepaid Services
• Professional Fees Expense
• Rent Expense
• Rent Income
• Rent Payable
• Repairs and Maintenance Expense
• Retained Earnings
• Salaries Expense
• Salaries Payable
• Service Revenue
• Sponsorship Revenue
• Subscription Revenue
• Supplies
• Supplies Expense
• Ticket Revenue
• Utilities Expense
• Vehicles

The following is the unadjusted trial balance for Pharoah Lodge Ltd. at its year end, May 31, 2021. The company adjusts its accounts monthly. Credit Debit $6,564 11.160 5,330 4,600 100.120 183,600 $ 22.700 36,600 Cash Accounts receivable Supplies Prepaid insurance Land Buildings Accumulated depreciation-building Furniture Accumulated depreciation-furniture Accounts payable Deferred revenue Mortgage payable, due 2024 Common shares Retained earnings Dividends declared Rent income Salaries expense Utilities expense Depreciation expense Interest expense Insurance expense Advertising expense Income tax expense 20,100 8,880 17,500 132,000 60.000 45,720 1.830 208,994 102.550 25,800 14.550 9,120 6,440 930 6,700 $515.894 $515,894 Additional information: 1. 2 3. 4 5. 6. An annual insurance policy was purchased for the first time on October 1, 2020, for $11,040 cash. A count of supplies shows $1,310 of supplies on hand on May 31. The buildings have an estimated useful life of 20 years and straight-line depreciation is applied. The furniture has an estimated useful life of five years and straight-line depreciation is applied. Customers must pay a $100 deposit if they want to book a room in advance during the peak period. An analysis of these bookings indicates that 175 deposits were received and credited to Deferred Revenue. By May 31, 25 of the deposits were earned. On May 25, a local business contracted with Pharoah Lodge to rent one of its housekeeping units for four months, starting June 1, at a rate of $2,682 per month. An advance payment equal to one month's rent was paid on May 25 and credited to Rent Income On May 31, Pharoah Lodge has earned $1,645 of rent income from customers who are currently staying at the lodge. The customers will pay the amount owing only when they check out in early June. Salaries of $1,650 are unpaid at May 31. Interest on the mortgage payable is $770 for the month of May and due June 1 The May utility bill of $2,157 has not yet been recorded or paid. Additional income tax is estimated to be $1,020. 7. 8. 10. 11. (b) Set up T accounts, enter any opening balances and post the adjusting journal entries prepared in the above part. (Post entries in the order of journal entries presented in the previous part) Cash May 31 Bal. 6564 Accounts Receivable May 31 Bal > 11160 May 31 Ad 1645 May 31 Adi > 1645 9515 Supplies Prepaid Insurance Land Buildings Accumulated Depreciation - Buildings Furniture Accumulated Depreciation - Furniture > Accounts Payable Accounts Payable Salaries Payable Income Tax Payable Deferred Revenue Salaries Expense > Utilities Expense Interest Expense Insurance Expense