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Comprehensive Problem 1 Part 4 and Part 6: The following is a comprehensive problem which encompasses all of the elements leamed in previous chapters. You

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Comprehensive Problem 1 Part 4 and Part 6: The following is a comprehensive problem which encompasses all of the elements leamed in previous chapters. You can refer to the chjectives 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 S 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. Credit Debit Post. Ref. Date Account Name 275 Insurance Expense 275 May 31 Prepaid Insurance Credit Debit b. Supplies on hand on May 31 are $715. Post. Ref. Account Name Date b. Supplies on hand on May 31 are $715. Date Account Name Post. Ref. Debit Credit May 31 Supplies Expense 715 Supplies 715 X C. Depreciation of office equipment for May is $330. Post. Date Account Name Debit Credit Ref. May Depreciation Expense 330 31 330 Accumulated Depreciation d. Accrued receptionist salary on May 31 is $325. Debit Credit Post. Ref. Date Account Name 325 May 31 Salary Expense 325 Salaries Payable Credit e. Rent expired during May is $1,600. Debit Post. Ref. Account Name Date 1 con Session Locator assignm d. Accrued receptionist salary on May 31 is $325. Date Account Name Post. Ref. Debit Credit May 31 Salary Expense 325 Salaries Payable 325 e. Rent expired during May is $1,600. Date Account Name Post. Ref. Debit Credit May 31 Rent Expense 1,600 Prepaid Rent 1,600 f. Unearned fees on May 31 are $3,210. Debit Credit Post. Ref. Date Account Name 3,210 X May 31 Unearned Fees 3,210 x Fees Earned Feedback Choc My Work In for each of these that affects at leas Comprehensive Problem 1 Part 7 The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives to each chapter covered as a review of the concepts. Note: You must complete parts 1, 2, 3, 4, and before completing part 7 Part 5 is options. Prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank Kelly Consulting Adjusted Trial Balance May 31, 2018 Account Title Debit Balances Credit Balances

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