Comprehensive Problem 1 Part 2 and Part 3:

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 part 1 before completing parts 2 and 3.

Part 2: Using the attached spreadsheet, post the journal entries from part 1 to a ledger of four-column accounts.

Part 3: Prepare an unadjusted trial balance. If an amount box does not require an entry, leave it blank.

Kelly Consulting Unadjusted Trial Balance May 31, 20Y8 Debit Account Title Credit Balances Balances Cash 44,195 8,080 2,085 3,200 Accounts Receivable Supplies Prepaid Rent Prepaid Insurance Office Equipment Accumulated Depreciation 1,500 14,500 330 Accounts Payable 895 7,000 Salaries Payable Unearned Fees Common Stock Retained Earnings x Dividends Fees Earned 36,210 Salary Expense Rent Expense 1,380 Supplies Expense Depreciation Expense Insurance Expense Miscellaneous Expense 1,295 86,735 86,735 Cash 44,195 Accounts Receivable 8,080 Supplies 2,085 Prepaid Rent 3,200 Prepaid Insurance 1,500 Office Equipment 14,500 330 895 Accounts Receivable on Accumulated Depreciation Retained Earnings Salaries Payable Unearned Fees 7,000 Retained Earnings X X Dividends Fees Earned 36,210 Salary Expense Rent Expense