eBook Calculator Part 1 Comprehensive Problem 1: 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. Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2019. The accounting cyde for Kelly Consulting for April, including financial statements, was ilustrated in this chapter. During May, Kelly Consulting entered into the following transactions. The chart of accounts for Kelly Consulting is shown below: 11 Cash 31 Kelly Pitney, Capital 32 Kelly Pitney, Drawing 12 Accounts Receivable 14 Supplies 33 Income Summary 15 Prepaid Rent 41 Fees Earned 16 Prepaid Insurance 51 Salary Expense 18 Omice Equipment 52 Rent Expense 19 Accumulated Depreciation 53 Supplies Expense 21 Accounts Payable 54 Depreciation Expense 22 Salanes Payable 55 Insurance Expense 23 Unearned Fees 59 Miscellaneous Expense The post-closing trial balance as of April 30, 2019 Check My Work Previous Next > eBook Calculator Required: Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Do not insert the account numbers at this time.) For a compound transaction, if an amount box does not require an entry, leave it blank. May 3: Received cash from clients as an advance payment for services to be provided and recorded it as unearned foes, 54,500. Description Post. Rot. Debit Credit May 5: Received cash from clients on account, $2,450. Description Post. Ref. Debit Credit May 9: Paid cash for a newspaper advertisement, $225. Description Post. Ref. Debit Credit Check My Work eBook Cakulator May 13: Paid Office Station Co. for part of the debt incurred on April 5, $640. Description Post. Ref. Debit Credit May 15: Provided services on account for the period May 1-15, $9,180. Description Post. Ref. Debit Credit