=+Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2010. The accounting cycle for Kelly Consulting for April, including financial statements, was illustrated on pages 157–168. During May, Kelly Consulting entered into the following transactions:

May 3. Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $2 ,500.

5. Received cash from clients on account, $1,750.

9. Paid cash for a newspaper advertisement, $300.

13. Paid Office Station Co. for part of the debt incurred on April 5, $400.

15. Recorded services provided on account for the period May 1–15, $6,100.