Journalize the adjusting entries on May 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 0 decimal places, eg. 5,275 .) Lazy River Resort opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. In addition to those accounts listed on the trial balance, the chart of accounts for Lazy River Resort 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: 1. Prepaid insurance is a 1-year policy starting May 1,2020. 2. A count of supplies shows 800 of unused supplies on May 31. 3. Annual depreciation is 3,744 on buildings and 2,340 on equipment. 4. The mortgage interest rate is 6%. (The mortgage was taken out on May 1.) 5. Two-thirds of the unearned rent revenue is recognized as revenue. 7. Salaries of 800 are accrued and unpaid at May 31. Prenare an adiu Isted trial halance on Mav 31 (Round answers to O derimal nlaces e o. 5.275 .1 Prepare a ledger using the three-column form of account. Enter the trial balance amounts and post the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question. Round answers to 0 decimal places, eg. 5,275.) \begin{tabular}{|c|c|c|c|c|c|c|} \hline Cash & & & & & & No. 101 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline Supplies & & & & & & No. 126 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline Prepaid & Insurance & & & & & No. 130 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline Land & & & & & & No. 140 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline Building & & & & & & No. 141 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline AccumuDepreci & tion-Building & & & & & No. 142 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline Equipme & & & & & & No. 149 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline AccumuDepreci & ated & & & & & No. 150 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline Account & Payable & & & & & No. 201 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline Uneame & d Rent Revenu & & & & & No. 208 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline SalariesPayable & and Wages & & & & & No. 212 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Interest Payable } & \multirow[b]{2}{*}{ Credit } & \multirow{2}{*}{\multicolumn{2}{|c|}{ Balance }} \\ \hline Date & Explanation & Ref. & Debit & & & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline \multicolumn{4}{|c|}{ Mortgage Payable } & & & No. 275 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline \multicolumn{4}{|c|}{ Share Capital-Ordinary } & & & No. 311 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline \multicolumn{4}{|c|}{ Dividends } & & & No. 332 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline \multicolumn{4}{|c|}{ Rent Revenue } & & & No. 429 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline \multicolumn{4}{|c|}{ Advertising Expense } & & & No. 610 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline \multicolumn{4}{|c|}{ Depreciation Expense } & & & No. 619 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline \multicolumn{4}{|c|}{ Supplies Expense } & & & No. 631 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline \multicolumn{4}{|c|}{ Interest Expense } & & & No. 718 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline \multicolumn{4}{|c|}{ Insurance Expense } & & & No. 722 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline \multicolumn{5}{|c|}{SalariesandWagesExpense} & & No. 726 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline May 31 & Adjusting & J1 & & & & \\ \hline \multicolumn{4}{|c|}{ Utilities Expense } & & & No. 732 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance & \\ \hline May 31 & Balance & & & & & \\ \hline \end{tabular}