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P3-2A The Skyline Motel opened lor bisiness ly201, its trial balance before Pre adjustment on...

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P3-2A The Skyline Motel opened lor bisiness ly201, its trial balance before Pre adjustment on May 31 is as follows. (LO SKYLINE MOTEL Trial Balance May 31, 2014 Debit 3,500 2,080 2,400 12,000 60,000 15,000 Account Number Credit Cash Supplies Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Owner's Capital Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense 101 126 130 140 149 201 208 275 $ 4,800 3,300 40,000 41,380 10,300 429 610 600 3,300 900 $99,780 726 732 $99,780 In addition to those accounts listed on the trial balance, the chart of accounts for Skyline Motel 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, 2014. 2. A count of supplies shows $750 of unused supplies on May 31. 3. Annual depreciation is $3,000 on the buildings and $1,500 on equipment

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