Comprehensive Problem 1 Part 4 and Part 6 : The following is a comprehensive problem which encompasses an 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 and 3 before completing parts 4 and 6. please note that part 5 is optional. Part 4: At the end of May, the following adjustmeat data were assembled. Analyze and use these data to complete parts (5) and (6). a. Insurance expined during May is $275. b. Supplies on hand on May 31 are $715. c. Depreciabion of office equipment for May is $330. d. Accrued receptionist salary on May 31 is $325. e. Rent expired duning May is $1,600. f. Unearned fees on May 31 are $3,210. Part 6: Joumalize the adjusting entries. Then, post the entries to the attached spreadsheet from part 2. a. Insurance expired during Moy 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. c. Depreciation of office equipment for May is 5330 : d. Accrued receptionist salary on May 31 is $325. e. Rent expired during May is $1,600. 4. Unearned fees on May 31 are 53,210 . Part 6: Journalize the adjusting entries: Then, post the entries to the attached spreadsheet from part 2. a. Insurance expired dunng 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. Unearmed fees on May 31 are $3,210. 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 I before completing parts 2 and 3 . Part 2: Using the attached spreadsheet, post the journal entries from part. 1 to a. fedger of four-column accounts. Part 3: Prepare an unadjusted trial balance. If an amount box does not require an entry, leave it blank. Part 1 Comprehensive Problem i: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can fefer to the objectives for each chapter covered as a review of the concepts. Keliy Pitney began her consulting business, Kelly Consulting, on Aprl 1, 2019, The accounting cycle for Kelly Consulting for April, incioding financial statements, was blustrated in this chapter. During May, Kelly Consulting entered into the following transactions, The chart of accounts for Kelly Consulung is shown below: The post-closing trial balance as of April 30,2019 Required: Journaitize each of the May transactions using. Kelly Consulting's chart of accounts. (Do not insert the account numbers in the Post. Ref. column of the journal at this time.) For a compound transaction, if an amount box does not require an entry, leave it blank. May 3: Recelved cash from clients as an advance payment for services to be provided and recorded it as unearned fees, 54, 500 . May 5: Received cash from clients on account, $2,450. May 9: Paid cash for a newspaper advertisement, $225. May 9: Paid cash for a newspaper advertisement, 5225 May 13: Paid Office Statian. Co. for part of the debt incurred on Apri 5,5640 . May 15: Provided services on occount for the period May 1-15, 39,180. May 16: Paid part-time receptionist for two weeks' salary including the amount owed on April 30,5750. May 17: Received cash from cash clients for fees earned duning the period May 116,$8,360. May 20 : Purchased supplies on account, 5735. May 21: Provided services on account for the period May 1620,$4,820, May 25: Received cash from cash clients for fees earned for the period May 1723,57,900. May 27: Received cash from clients on account; $9,520. May 28: Paid part-time receptionist for two wreeks" salary, $750. May 30:- Paid telephone bill for May, $260 May 31 : Poidelectricity bill for May, $810. May 31: Received cash from cash clients for fees earned for the period May 2631,$3,300. May 31: Paid electricity bill for May, $810. May 31: Received cash from cash clients for fees earned for the period May 26-31, $3,300. May 31: Provided services on account for the remainder of May, $2,650. May 31: Kelly withdrew $10,500 for personal use. EXH IBIT 17 Post-Closing Trial Balance, Kelly Consulting