Question: please help me for the correct answer depreciation expenses for 5/31 Bal. The Sandhill Hotel opened for business on May 1, 2022. Here is its

please help me for the correct answer depreciation expenses for 5/31 Bal.
please help me for the correct answer depreciation expenses for 5/31 Bal.
The Sandhill Hotel opened for business on May 1, 2022. Here is
its trial balance before adjustment on May 31. Other data: 1. Insurance
expires at the rate of $300 per month. 2. A count of
supplies shows $1,190 of unused supplies on May 31 . 3. (a)
Annual depreciation is $3,240 on the building. (b) Annual depreciation is $2,640
on equipment. 4. The mortgage interest rate is 5%. (The mortgage was
taken out on May 5. Unearned rent of $2,600 has been earned.
6. Salaries of $770 are accrued and unpaid at May 31 .
Journalize the adjusting entries on May 31. (If no entry is required,
select "No Entry" for the account titles and enter O for the
amounts. Credit account titles are automatically indented when the amount is entered.
Do not indent manuolly) Salaries and Wages Payable 770 Prepare a ledger

The Sandhill Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. Other data: 1. Insurance expires at the rate of $300 per month. 2. A count of supplies shows $1,190 of unused supplies on May 31 . 3. (a) Annual depreciation is $3,240 on the building. (b) Annual depreciation is $2,640 on equipment. 4. The mortgage interest rate is 5%. (The mortgage was taken out on May 5. Unearned rent of $2,600 has been earned. 6. Salaries of $770 are accrued and unpaid at May 31 . Journalize the adjusting entries on May 31. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manuolly) Salaries and Wages Payable 770 Prepare a ledger using T-accounts. Enter the trial balance amounts and post the adjusting entries. (Post entrles in the order of foumol entries presented in the previous question.) Land Accumulated Depreciation-Building Equipment Accounts Payable Unearned Rent Revenue Salaries and Wages Payable Interest Payable Mortgage Payable Rent Revenue Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Interest Payable Salaries and Wages Expense

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