a. Insurance expired during May is \\( \\$ 275 \\). b. Supplies on hand on May 31 are \\( \\$ 715 \\). c. Depreciation of office equipment for May is \\( \\$ 330 \\). d. Accrued receptionist salary on May 31 is \\( \\$ 325 \\). e. Rent expired during May is \\( \\$ 1,600 \\). f. Unearned fees on May 31 are \\$3,210. Part 6: Journalize the adjusting entries. Then, post the entries to the attached spreadsheet from part 2. a. Insurance expired during May is \\( \\$ 275 \\). b. Supplies on hand on May 31 are \\( \\$ 715 \\). [ c. Depreciation of office equipment for May is \\( \\$ 330 \\). Statement of Stockholders' Equity For the Month Ended Mav 31, 20 Y8 Prepare a balance sheet. Comprehensive Problem 1 Part 9: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete parts 1, 2, 3, 4, 6, 7 and 8 before completing part 9. Part 5 is optional. Part 9: Prepare the closing entries below. Then, using the attached spreadsheet from part 2, post the entries to your general ledger. If an amount box does not require an entry, leave it blank. d. Accrued receptionist salary on May 31 is \\( \\$ 325 \\). [ e. Rent expired during May is \\( \\$ 1,600 \\). f. Unearned fees on May 31 are \\( \\$ 3,210 \\). NOTE: You must complete parts 1, 2, 3, 4, 6 and 7 before completing part 8. Part 5 is optional. Prepare an income statement. Prepare a statement of stockholders' equity. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. May 5: Received cash from clients on account, \\( \\$ 2,450 \\). May 9: Paid cash for a newspaper advertisement, \\( \\$ 225 \\). May 13: Paid Office Station Co. for part of the debt incurred on April 5, \\( \\$ 640 \\). May 15: Recorded services provided on account for the period May \\( 1-15, \\$ 9,180 \\). May 31: Paid electricity bill for May, \\( \\$ 810 \\). May 31: Recorded cash from cash clients for fees earned for the period May \\( 26-31, \\$ 3,30 \\) May 31: Recorded services provided on account for the remainder of May, \\( \\$ 2,650 \\). May 31: Paid dividends, \\( \\$ 10,500 \\). May 17: Recorded cash from cash clients for fees earned during the period May \\( 1-16, \\$ 8,360 \\) May 20: Purchased supplies on account, \\( \\$ 735 \\). May 21: Recorded services provided on account for the period May \\( 16-20, \\$ 4,820 \\). May 25: Recorded cash from cash clients for fees earned for the period May \\( 17-23, \\$ 7,900 \\)