Deanna Nardelli started her own consulting firm, Pharoah Consulting, on May 1, 2022. The unadjusted trial balance at May 31 is as follows. Pharoah Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash $5,760 112 Accounts Receivable 7,680 126 Supplies 2,432 130 Prepaid Insurance 4,608 149 Equipment 14,880 201 Accounts Payable $2,816 209 Unearned Service Revenue 2,560 311 Common Stock 25,888 400 Service Revenue 9,600 726 Salaries and Wages Expense 4,352 Question 3 817 Pharoah Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash $5,760 112 Accounts Receivable 7,680 126 Supplies 2,432 130 Prepaid Insurance 4,608 149 Equipment 14,880 201 Accounts Payable $2,816 209 Unearned Service Revenue 2,560 311 Common Stock 25,888 400 Service Revenue 9,600 726 Salaries and Wages Expense 4,352 729 Rent Expense 1,152 $40,864 $40,864 In addition to those accounts listed on the trial balance, the chart of accounts for Pharoah Consulting also contains the following accounts and account numbers: No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 631 Supplies Expense, No. 717 Depreciation Expense, No. 722 Insurance Expense, and No. 732 Utilities Expense. Other data: 1. $1,152 of supplies have been used during the month. 2. Utilities expense incurred but not paid or recorded on May 31, 2022, $320. 3. An insurance policy for 2 years was purchased on May 1. 4. $512 of the balance in the unearned service revenue account remains unearned at the end of the month. 5. May 31 is a Wednesday, and employees are paid on Fridays. Pharoah Consulting has two employees, who are paid $740 each for a 5-day work week. 6. The equipment has a 5-year life with no salvage value. It is being depreciated at $248 per month for 60 months. 7. Invoices representing $2,176 of services performed during the month have not been recorded as of May 31. No. Date Account Titles and Explanation 1. May 31 May 2. 31 May 3. 31 11 May 4. 31 5. May 31 Debit Credit Cash No. 101 Date Explanation Ref Debit Credit Balance May 31 Balance Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance May 31 Balance May 31 Adjusting 34 Supplies No. 126 Date Explanation Ref Debit Credit Balance May 31 Balance May 31 Adjusting 34 Prepaid Insurance No. 130 Date Explanation Ref Debit Credit Balance uestion 3 of 7 Equipment Date Explanation Ref Debit Credit May 31 Balance Accumulated Depreciation- Equipment -/4 E Balance Date Explanation Ref Debit Credit Balance May 31 Adjusting 34 No. 149 No. 150 Accounts Payable No. 201 Date Explanation Ref Debit Credit Balance May 31 Balance May 31 Adjusting 34 Unearned Service Revenue No. 209 Ref Debit Credit Balance Date Explanation May 31 Balance May 31 Adjusting 34 rk Question 3 of 7 < > Salaries and Wages Payable -/4 Date Explanation No. 212 Ref Debit Credit Balance May 31 Adjusting 34 Common Stock No. 311 Date Explanation Ref Debit Credit Balance May 31 Balance Service Revenue No. 400 Date Explanation Ref Debit Credit Balance May 31 Balance May 31 Adjusting 34 May 31 Adjusting 34 Supplies Expense No. 631 Date Explanation Ref Debit Credit Balance May 31 Adjusting 34 No. 717 Depreciation Expense Date Explanation Ref Debit Credit Balance May 31 Adjusting 34 Insurance Expense No. 722 Date Explanation Ref Debit Credit Balance May 31 Adjusting 34 Salaries and Wages Expense No. 726 Ref Debit Credit Balance Date Explanation May 31 Balance May 31 Adjusting 34 No. 729 Rent Expense Date Explanation Ref Debit Credit Balance May 31 Balance No. 736 Utilities Expense Question 3 of / Pharoah Adjusted Trial Balance Debit Credit Totals -/4