ACC 201 EXCELI Comprehensive Problem 1 . . pp.210. Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2016. The accounting cycle for Kelly Consulting for April, including financial statements, was illustrated in this chapter. During May, Kelly Consulting entered into the following transactions: Received cash from clients as an advance payment for services to be provided and May 3 yrecorded it as unearned fees, $4,500. 5 Received cash from clients on account, $2.450 9 Paid cash for a newspaper advertisement, $225. 13 Paid Office Station Co. for part of the debt incurred on April 5, $640. 15 Recorded services provided on account for the period May 1-15, $9.180. Paid part-time receptionist for two weeks' salary including the amount owed on April 16 30.smJed 30. $750. 17 Recorded cash from cash clients for fees earned during the period May 1-16, $8360. Record the following transactions on Page 6 of the journal: May 20 Purchased supplies on account, $735. unt for the period May 16-20, $4.820. 21 Recorded services provided on acco 25 Recorded cash from cash clients for fees earned for the period May 17-23, $7,900. 27 Received cash from clients on account, $9,520. 28 Paid part-time receptionist for two weeks' salary, $750. 30 Paid telephone bill for May, $260. 31 Paid electricity bill for May, $810. 31 Recorded cash from cash clients for fees earned for the period May 26-31, $3.300. 31 Recorded services provided on account for the remainder of May, $2.650. 31 Kelly withdrew $10,500 for personal use. Required: The chart of accounts is shown in a separate panel and the post-closing trial balance as of April 30, 2016, is shown below For each account in the post-closing trial balance, enter the balance in the appropriate A. Balance column of a four-column account. Date the balances May 1, enter Balance in the Item column and select a check mark in the Posting Reference column. Journalize each of the May transactions in the two-column journal starting on Page 5 of B. the journal. Refer to the Chart of Accounts for exact wording of account titles. (Do not insert the account numbers in the journal at this time.) Post the journal entries on pages 5 and 6 of the journal to the ledger of four-column 2. 3. 4. accounts. Prepare an unadjusted trial balance. At the end of May, the following adjustment data were assembled. Analyze and use these data to complete parts (5) and (6)