The Solo Hotel opened for business on May 1, 2014. Here is its trial balance before adjustment on May 31. SOLO...

The Solo Hotel opened for business on May 1, 2014. Here is its trial balance before adjustment on May 31.

SOLO HOTEL Trial Balance May 31, 2014
		Debit		Credit
Cash		$ 2,639
Supplies		2,600
Prepaid Insurance		1,800
Land		15,139
Buildings		74,800
Equipment		16,800
Accounts Payable				$ 4,839
Unearned Rent Revenue				3,300
Mortgage Payable				40,800
Common Stock				60,139
Rent Revenue				9,000
Salaries and Wages Expense		3,000
Utilities Expense		800
Advertising Expense		500
		$118,078		$118,078

Other data:

1.		Insurance expires at the rate of $360 per month.
2.		A count of supplies shows $1,128 of unused supplies on May 31.
3.		(a) Annual depreciation is $3,240 on the building.
		(b) Annual depreciation is $3,120 on equipment.
4.		The mortgage interest rate is 6%. (The mortgage was taken out on May 1.)
5.		Unearned rent of $2,679 has been earned.
6.		Salaries of $670 are accrued and unpaid at May 31.

Journalize the adjusting entries on May 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

No.	Account Titles and Explanation	Debit	Credit
1.
				$	$:		$
					$
: :					$
					$
										$[removed]