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B. The Mehon River Resort opened for business on June 1.This wasts TrialBalance BEFOREADJUSTMENT on August 31: MELTON RIVERRESORT August 31.2012 Account Number Deli Credit 6500 Unearned Rent Revenue Mortgage Payable Maintenance and Repairs Expense 51000 Salaries and Expense Utilities Expense In addition to those accaunts lised on the trial balance, the chart o accounts for Melton River Resort also contains the following accounts and account numbers No 12 Accounts Receivable. No la4Aacumulated Depreciation-Buiding No 150 Accumulated Depreciation-Equipment. No 212 Salaries and Wapos Payable. No 2RO Interesa Payable, No 630 Depreciation Expense, No 63l Supplies Expense No 718Interesa Expense, and No.722 Insurance Expense, Other data: 1. Insurance expires at the rateofS300per month. 2. Acount on August 31 shows S00of supplies on hand. Annual depreciation is S6000on buildings and S2 400on equipment. Salaries of Sa00 were unpaid at August 6 Rentals of SA.000 were due from tenants at Augus3L Accounts Receivable. The mortgage interest raleis9 per year.IThe mortgage was Laken out on August Tab 4 1. Journalize the adjusting enties (A Esl on August 31.Morhe3monthperod trom June 1-August 31 1. Enter the TNal Balance amounts as beginning balancesin te Mehon River Resor Ledger accounts. 2.Post the adjusting entries (AJEs) tom Tab 4. ab. 1. Prepare Meton River Resorts August31,2012 Adjusted TralBalance. HINT: Adjusted Trial Balance w3281D00 1. Prepare Mehon River Resors August 31, 2012 1.1. Income Statement HINT: Net Income $18,300 12. Owner's Equity Statement HINT: Ending Capital Balance s113300 1.3 Balance Sheet HINT: Total Assets 1203400

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