The Skyline Motel opened for business on May 1, 2014. Its trial balance before adjustment on May 31 is as follows.
SKYLINE MOTEL
Trial Balance
May 31, 2014
Account Number    Debit    Credit
101    Cash    $ 3,500
126    Supplies    2,080
130    Prepaid Insurance    2,400
140    Land    12,000
141    Buildings    60,000
149    Equipment    15,000
201    Accounts Payable    $ 4,800
208    Unearned Rent Revenue    3,300
275    Mortgage Payable    40,000
301    Owner’s Capital    41,380
429    Rent Revenue    10,300
610    Advertising Expense    600
726    Salaries and Wages Expense    3,300
732    Utilities Expense    900
$99,780    $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 ins