Comprehensive Problem 1 Part 4 and Part 6: 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 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 adjustment data were assembled. Analyze and use these data to complete parts (5) and (6). a. Insurance expired during 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. Unearned fees on May 31 are $3,210. Part 6: Journalize the adjusting entries. Then, post the entries to the attached spreadsheet from part 2. a. Insurance expired during May is $275. Date Account Name Post. Ref. Debit Credit May 31 Insurance Expense fill in the blank 2 275 fill in the blank 3 0 Prepaid Insurance fill in the blank 5 0 fill in the blank 6 275 b. Supplies on hand on May 31 are $715. Date Account Name Post. Ref. Debit Credit May 31 Supplies Expense fill in the blank 8 1,370 fill in the blank 9 0 Supplies fill in the blank 11 0 fill in the blank 12 1,370 c. Depreciation of office equipment for May is $330. Date Account Name Post. Ref. Debit Credit May 31 Depreciation Expense fill in the blank 14 330 fill in the blank 15 0 Accumulated Depreciation fill in the blank 17 0 fill in the blank 18 330 d. Accrued receptionist salary on May 31 is $325. Date Account Name Post. Ref. Debit Credit May 31 Salary Expense fill in the blank 20 325 fill in the blank 21 0 Salaries Payable fill in the blank 23 0 fill in the blank 24 325 e. Rent expired during May is $1,600. Date Account Name Post. Ref. Debit Credit May 31 Rent Expense fill in the blank 26 1,600 fill in the blank 27 0 Prepaid Rent fill in the blank 29 0 fill in the blank 30 1,600 f. Unearned fees on May 31 are $3,210. Date Account Name Post. Ref. Debit Credit May 31 Unearned Fees fill in the blank 32 3,790 fill in the blank 33 0 Fees Earned fill in the blank 35 0 fill in the blank 36 3,790 Part 7: 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 parts 1, 2, 3, 4, and 6 before completing part 7. Part 5 is optional. Prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Adjusted Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances Cash fill in the blank 2 44,195 fill in the blank 3 0 Accounts Receivable fill in the blank 5 8,080 fill in the blank 6 0 Supplies fill in the blank 8 715 fill in the blank 9 0 Prepaid Rent fill in the blank 11 1,600 fill in the blank 12 0 Prepaid Insurance fill in the blank 14 1,225 fill in the blank 15 0 Office Equipment fill in the blank 17 14,500 fill in the blank 18 0 Accumulated Depreciation fill in the blank 20 0 fill in the blank 21 660 Accounts Payable fill in the blank 23 0 fill in the blank 24 895 Salaries Payable fill in the blank 26 0 fill in the blank 27 325 Unearned Fees fill in the blank 29 0 fill in the blank 30 3,210 Common Stock fill in the blank 32 0 fill in the blank 33 50,125 Retained Earnings fill in the blank 35 0 fill in the blank 36 15,100 Dividends fill in the blank 38 fill in the blank 39 0 Fees Earned fill in the blank 41 0 fill in the blank 42 40,000 fill in the blank 44 fill in the blank 45 fill in the blank 47 fill in the blank 48 fill in the blank 50 fill in the blank 51 fill in the blank 53 fill in the blank 54 fill in the blank 56 fill in the blank 57 fill in the blank 59 fill in the blank 60 fill in the blank 61 fill in the blank 62