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C. 624 d. Other data: 900 of supplies have been used during the month. 2. Utilities expense incurred but not paid on May 31,
C. 624 d. Other data: 900 of supplies have been used during the month. 2. Utilities expense incurred but not paid on May 31, 2020, 250. 3. The insurance policy is for 2 years. 4. 400 of the balance in the unearned service revenue account remains unearned at the end of the month. 5. May 31 is a Wednesday, and employees are paid on Fridays. Cuono Consulting has two employees, who are paid 920 each for a 5-day work week. 6. The office furniture has a 5-year life with no residual value. It is being depreciated at 190 per month for 60 months. 7. Invoices representing 1,700 of services performed during the month have not been recorded as of May 31. Instructions Prepare the adjusting entries for the month of May. Post the adjusting entries to the ledger accounts. Prepare an adjusted trial balance at May 31, 2020.
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