Deanna Nardelll started her own consulting firm, Nardelli Consulting, on May 1, 2017. The trial balance at May 31 is as follows. NARDELLI CONSULTING Trial Balance May 31, 2017 Credit Account Number 101 112 126 130 149 201 209 311 Debit $ 4,500 6,000 1,900 3,600 11,400 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 2,200 2,000 20,000 7,500 400 726 729 3,400 900 $31,700 $31,700 In addition to those accounts listed on the trial balance, the chart of accounts for Nardelli 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. $900 of supplies have been used during the month. 2. Utilities expense incurred but not paid on May 31, 2017, $250. 3. 3. The Insurance policy is for 2 years. 4. $400 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. Nardelli Consulting has two employees, who are paid $900 each for a 5-day work week. 6. The equipment has a 5-year life with no salvage value. It is being depreciated at $190 per month for 60 months. 7 7. Invoices representing $1,700 of services performed during the month have not been recorded as of May 31. No. Date Account Titles and Explanation Debit Credit 1. May 31 Supplies Expense 900 Supplies 900 2 May 31 utilities Expense 250 Accounts Payable 250 3. May 31 insurance Expense 300 Prepaid Insurance 300 4. May 31 Tuneared Service Revenue 1600 Service Revenue 1600 5. May 31 Salaries and Wages Expen 9000 Salaries and Wages Pay 9000 6. May 31Depreciation Expense 1901 Accumulated Depreciati 190 7. May 31 Accounts Receivable 1700 Service Revenue 17001