Question

the last photo is an example of the formeting i need if you cant do it like that its fine mo worries

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

formating*

Answer 1

Solution:

101 Cash Date Explanation May-31 Balance Ref No: Debit Credit 3600 Balance 3600 126 Ref Supplies Date Explanation May-31 Balance May-31 Adjustment No: Debit Credit 2000 1200 Balance 2000 800 130 Ref Prepaid Insurance Date Explanation May-31 Balance May-31 Adjustment No: Debit Credit 2400 Balance 0 2400 200 2200 140 No: Credit Ref Debit Land Date Explanation May-31 Balance #REF! Cash 14000 #REF! Balance 0 14000 #REF! Buildings Date Explanation May-31 Balance No: Credit Ref Debit 141 Balance 62400 62400 Accumulated Depreciation-Buildings Date Explanation Ref May-31 Adjustment Debit No: 142 Credit Balance 3744 3744 Accumulated Depreciation- Equipment Date Explanation Ref Debit May-31 Adjustment No: 150 Credit Balance 1500 1500 149 Equipment Date Explanation May-31 Balance Ref No: Debit Credit 15000 Balance 15000 Accounts Payable Date Explanation May-31 Balance Ref Debit No: 201 Credit Balance 4700 4700 Ref Unearned Revenue Date Explanation May-31 Balance May-31 Adjustment No: 208 Debit Credit Balance 3300 3300 2200 1100 Mortgage Payable Date Explanation May-31 Balance No: Credit 275 Balance Ref Debit 40000 40000 Owners Capital Date Explanation May-31 Balance Ref Debit No: 301 Credit Balance 41100 41100 Ref Debit Rent Revenue Date Explanation May-31 Balance May-31 Adjustment No: 429 Credit Balance 15000 15000 2200 17200 Advertising Expense Date Explanation May-31 Balance Ref No: Debit Credit 550 610 Balance 550 726 Salaraies and Wages Expense Date Explanation Ref May-31 Balance May-31 Adjustment No: Debit Credit 3200 Balance 3200 700 3900 732 Utilities Expense Date Explanation May-31 Balance No: Credit Ref Debit Balance 950 950 149 Equipment Date Explanation May-31 Balance No: Credit Ref Debit Balance 15000 15000 Salaries and Wages Payable Date Explanation Ref May-31 Adjustment No: Credit 212 Balance Debit 700 700 230 Interest Payable Date Explanation May-31 Adjustment No: Credit Ref Debit Balance 200 200 No: Credit Ref Debit Depreciation Expense Date Explanation May-31 Adjustment May-31 Adjustment 619 Balance 3744 5244 3744 1500 Supplies Expense Date Explanation May-31 Adjustment Ref No: Debit Credit 15000 631 Balance 15000 Interest Expense Date Explanation May-31 Adjustment No: Credit 718 Balance Ref Debit 200 200 Insurance Expense Date Explanation May-31 Adjustment 722 Balance Ref No: Debit Credit 200 200 631 Supplies Expense Date Explanation May-31 Adjustment Ref No: Debit Credit 1200 Balance 1200

Notes:

Insurance Expense = 2400/12 = $200

Mortgage Interest = 40000*6%/12 = $200

Earned Revenue = 3300*2/3 = $2200

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