Question

the last photo is a formating example if you cant do it like that its totally fine

Blossom's Hotel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. BLOSSOM'S HOTEL Trial Balance May 31, 2020 Account Number Debit Credit 101 126 130 140 141 149 201 $3,600 2,000 2,400 14,000 62,400 15,000 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 208 275 301 $ 4,700 3,300 40,000 41,100 15,000 429 610 726 550 3,200 950 $104,100 732 $104,100

Answer 1

BLOSSOMS HOTEL
Balance Sheet
At May 31,2020
Assets
Cash		$3,600
Supplies		$800
Prepaid insurance		$2,200
Land		$14,000
Buildings	$62,400
Accumulated depreciation-buildings	($312)	$62,088
Equipment	$15,000
Accumulated depreciation-equipment	($125)	$14,875
Total assets		$97,563
Liabilities and Owner's Equity
Accounts payable		$4,700
Unearned rent revenue		$1,100
Interest payable [$40,000 x 6% x 1/12]		$200
Salaries and wages payable		$700
Mortgage payable		$40,000
Total liabilities		$46,700
Owner's Equity:
Owner's Capital		$50,863
Total liabilities and Owner's Equity		$97,563