Question: Solve Part C using the info provided. Open the image in a new tab if you are having trouble with the font size. Thank you.
Solve Part C using the info provided. Open the image in a new tab if you are having trouble with the font size. Thank you.



Metlock, Inc. Trial Balance May 31, 2020 Account Number Debit Credit Supplies Prepaid Insurance S 3,600 2,150 1,800 Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense 61,200 15,600 $ 11,000 3,200 40,000 35,300 14,600 550 3,300 $104,100 $104,100 In addition to those accounts listed on the trial balance, the chart of accounts tor Metlock, Inc. also 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 Prepaid insurance is a 1-year policy starting May 1, 2020 A count of supplies shows $700 of unused supplies on May 31 Annual depreciation is $3,060 on the buildings and $1,560 on equipment. The mortgage interest rate is 12%. (The mortgage was taken out on May 1 .) Two-thirds of the unearned rent revenue has been earned Salaries of $800 are accrued and unpaid at May 31 1. 2. 3. 4. 5. 6
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