ACC 290 (ACC290)

question and answers

ACC 290 - Week 3: P 4-3A Quiz. Questions and Answers. Problem 4-3A 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 $ 2,718 Supplies 2,600 Prepaid Insurance 1,800 Land 15,218 Buildings 74,800 Equipment 16,800 Accounts Payable $ 4,918 Unearned Rent Revenue 3,300 Mortgage Payable 40,800 Common Stock 60,218 Rent Revenue 9,000 Salaries and Wages Expense 3,000 Utiliti...