Chirp Hearing is owned by Annie Truderung and provides hearing aids and other auditory services. At the end of May $2022,$ the company had the following adjustments.

May $31$ Interest on the bank loan is set at $5\%$; one month of interest has accrued.

May $31$

The balance of prepaid rent is for the remaining $9$ months of the lease; one month of rent has been used.

The equipment was purchased three months prior at the beginning of the month and will have a useful May $31$ life of $6$ years, after which it will have residual value of $$860.$ Depreciation is recorded every month. Record depreciation for May.

May $31$ Chirp Hearing completed $$650$ of work that was previously unearned.

May $31$ Auditory services were provided in the month for $$1,320$ and the customer will pay next month.

Required

Using the following trial balance, complete the adjustments and the adjusted trial balance in the worksheet.

Do not enter dollar signs or commas in the input boxes.

Round your answers to the nearest whole number.

Chirp Hearing

Worksheet

May $31,2022$

Unadjusted Trial

Adjustments

Adjusted Trial Balance

Balance