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elp Faculty Help Contact Help Office 365 The Mazda Hotel opened for business on June...

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elp Faculty Help Contact Help Office 365 The Mazda Hotel opened for business on June 1, 2020. Here is the trial balance before adjustments on June 30, 2020: Mazda Hotel Trial Balance 06/30/20 Debit Credit Cash 2,343 Supplies 2,600 Prepaid Insurance Expense 1,800 Land 14,843 Buildings 67,600 Equipment 16,800 Accounts Payable 4,543 Unearned Rent Revenue 3,300 Mortgage Payable 33,600 Common 59.843 stock Rent Revenue 9.000 Salary & Wage Expense 3.000 Utilities Expense Advertising 500 Expense Other data: 1. Insurance expires at the rate of $300 per month 800 O lelp Faculty Help Contact Help Office 365 Utilities Expense 800 Advertising 500 Expense Other data: 1. Insurance expires at the rate of $300 per month. 2. A count of supplies shows $1,200 of unused supplies at the end of the month 3. Annual depreciation is $4,200 on the building. 4. The mortgage interest rate is 6% (The mortgage was taken out on June 1) 5. Unearned rent revenue of $2,400 has been earned. Instructions: Record the adjusting journal entries for the transactions above A B I - -0- % E E ! o

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