ookmarks Profiles Tab b Window Help G what is a balance sheet - Goo x | G is. abalance sheet needed be x | Chapter 3 Homework Lecture X P Question 6 of 7 - Chapter 3 ui/v2/assessment-player/index.html?launchld=6ac3346e-b190-4338-b271-4c5a354d3355#/question/5 Question 6 of 7 0.22 / 1.5 The Cheyenne Corp. opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. Cheyenne Corp. Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash $ 3,990 126 Supplies 2,378 130 Prepaid Insurance 2,736 140 Land 13,680 141 Buildings 68,400 149 Equipment 16,080 200 Notes Payable $ 45,600 201 Accounts Payable 12,752 208 Unearned Rent Revenue 3,762 311 Common Stock 39,900 429 Rent Revenue 10,722 610 Advertising Expense 684 726 Salaries and Wages Expense 3,762 732 Utilities Expense 1,026 $112,736 $112,736 JUN 6 tv 4Bookmarks Profiles Tab Window Help @ whatisabalance sheet-Goc X (@ is. abalance sheet needed be % . Chapter 3 Homework Lecture % [ Question 6 of 7 - Chapter 3 X as/ui/v2/assessment- p|ayerlindex.html?launchld:Gac3346e-b190-4338-b2714cSa354d3355#/question/5 Question 6 of 7 022/15 = 3 73Z utnues xpense LVZ0O $112,736 $112,736 In addition to those accounts listed on the trial balance, the chart of accounts for Cheyenne Corp. also contains the following accounts and account numbers: No. 142 Accumulated DepreciationBuildings, No. 150 Accumulated DepreciationEquipment, 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: Prepaid insurance is a 1-year policy starting May 1, 2022. 2. A count of supplies shows $855 of unused supplies on May 31. 3. Annual depreciation is $3,420 on the buildings and $1,608 on equipment. 4. The note payable interest rate is 12%. (The note was taken out on May 1 and will be repaid along with interest in 2 years.) 5, Two-thirds of the unearned rent revenue has been earned. 6. Salaries and wages of $885 are unpaid and unrecorded at May 31. (@ Your Answer Correct Answer (Used) Journalize the adjusting entries on May 31. (Credit account titles are automatic ally Indented when the amount is entered. Do not indent manually.) Profiles Tab Window Help 800 t is a balance sheet - Goo x | G is. abalance sheet needed be x | Chapter 3 Homework Lecture X WP Question 6 of 7 - Chapter 3 1 x G 3762 x 2/3 - Google Search essment-player/index.html?launchld=6ac3346e-b190-4338-b271-4c5a354d3355#/question/5 Question 6 of 7 0.22 / 1.5 No. Date Account Titles and Explanation Debit Credit May Insurance Expense 228 31 Prepaid Insurance 228 May 2 Supplies Expense 1,523 31 Supplies 1,523 May 3. Depreciation Expense 419 31 Accumulated Depreciation-Buildings 285 Accumulated Depreciation-Equipment 134 May 4 Interest Expense 456 31 456 Interest Payable May 2,508 5. 31 Unearned Rent Revenue Rent Revenue 2,508 May 6. Salaries and Wages Expense 885 31 885 Salaries and Wages Pavable JUN 200mQ 6 DII DD 20 44 F11 F12 F5 F6 F7 F8 E9 F10 F2 F3 F4 $ & 5 6 8 9 O 3 Aokmarks Profiles Tab Window Help G what is a balance sheet - Goo x G is. abalance sheet needed be x | Chapter 3 Homework Lecture X Question 6 of 7 -Chapter 31 x G 3762x 213 - Google Search /v2/assessment-player/index.html?launchld=6ac3346e-b190-4338-b271-4c5a354d3355#/question/5 Question 6 of 7 0.22/1.5 the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question.) Cash No. 101 Date Explanation Ref Debit Credit Balance May 31 Balance No. 126 Supplies Date Explanation Re Debit Credit Balance May 31 Balance May 31 Adjusting No. 130 Prepaid Insurance Balance Date Explanation Ref Debit Credit May 31 Balance May 31 Adjusting 31 No. 140 and Credit Balance Date Explanation Ref Debit May 31 Balance V No. 141 Buildings Balance Date Explanation Ref Debit Credit Mav 31 Balar 6 itv all 4 200mQ DII DD SO U F11 E5 F8 E9 F10 F12 F7 F3 F4 F6 F2 @ & # 8 O 13 Z 6 9 W E Y U O P R T