engageNOWTO eBook cheganding resource from Cangage Learning Calculator Comprehensive Problem 1 Instructions Chart of Accounts Labels and Amount Descriptions Journal Ledger Income Statement Instructions Kryn y began her consulting business, Kelly Consulting, on April 1, 2019. The accounting cycle for Kelly Consulting for Aprt, including financial statements, was ilustrated his chapter. During May Kelly Consulting entered into transactions. In Part 1 of this problem, the accounting cycle was completed up through the preparation of the adjusted trial balance Required: 8. If you completed the end of period worksheet in Part owner's equity, and a balance sheet if you didnt complete prepare an income statement a statement of owner's guilty carefully esto prepare an income statement attement of at the de l spread to and the instructions above anch ement A Prepare the closing entries on Page 8 of the journal 3. Use the spreadsheer to post the closing entries CengageNow ng of accounties opriate posting reference to the journalin (Previous Required: 8. If you completed the end of period work sheet in Part 1, use the adjusted trial balance figures to prepare an income statement a statement of owner's equity, and a balance sheet. If you didn't complete the end-ofperiod work shoot in Part 1, use the ledger (the Excel spreadsheet) to prepare an income statement a statement of owner's equity, and a balance sheet. Be sure to read the instructions above each statement carefully A Prepare the closing entries on Page 8 of the journal. Refer to the Chart of Accounts for exact wording of account ftes. 3. Use the spreadsheet to post the closing entries to the ledger of four-column accounts. Add the appropriate posting reference to the foumalin CengageNOW. 10. Prepare a post-closing trial balance. abels and Amount Descriptions pour Instructions Chart of Accounts CHART OF ACCOUNTS Kelly Consulting General Ledger ASSETS 11 Cash REVENUE 41 Fees Earned 12 Accounts Receivable 14 Supplies 15 Prepaid Rent 16 Prepaid Insurance 18 Office Equipment 19 Accumulated Depreciation Office Equipment EXPENSES 51 Salary Expense 52 Rent Expense 53 Supplies Expense 54 Depreciation Expense Instructions Chart of Accounts Labels and Amount Descriptions Income State Instructions Chart of Accounts Ke ch 19 Accumulated Depreciation Office Equipment 54 Depreciation Expense 55 Insurance Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees EQUITY 31 Kelly Pitney, Capital 32 Kelly Pitney, Drawing engageNOWTO eBook cheganding resource from Cangage Learning Calculator Comprehensive Problem 1 Instructions Chart of Accounts Labels and Amount Descriptions Journal Ledger Income Statement Instructions Kryn y began her consulting business, Kelly Consulting, on April 1, 2019. The accounting cycle for Kelly Consulting for Aprt, including financial statements, was ilustrated his chapter. During May Kelly Consulting entered into transactions. In Part 1 of this problem, the accounting cycle was completed up through the preparation of the adjusted trial balance Required: 8. If you completed the end of period worksheet in Part owner's equity, and a balance sheet if you didnt complete prepare an income statement a statement of owner's guilty carefully esto prepare an income statement attement of at the de l spread to and the instructions above anch ement A Prepare the closing entries on Page 8 of the journal 3. Use the spreadsheer to post the closing entries CengageNow ng of accounties opriate posting reference to the journalin (Previous Required: 8. If you completed the end of period work sheet in Part 1, use the adjusted trial balance figures to prepare an income statement a statement of owner's equity, and a balance sheet. If you didn't complete the end-ofperiod work shoot in Part 1, use the ledger (the Excel spreadsheet) to prepare an income statement a statement of owner's equity, and a balance sheet. Be sure to read the instructions above each statement carefully A Prepare the closing entries on Page 8 of the journal. Refer to the Chart of Accounts for exact wording of account ftes. 3. Use the spreadsheet to post the closing entries to the ledger of four-column accounts. Add the appropriate posting reference to the foumalin CengageNOW. 10. Prepare a post-closing trial balance. abels and Amount Descriptions pour Instructions Chart of Accounts CHART OF ACCOUNTS Kelly Consulting General Ledger ASSETS 11 Cash REVENUE 41 Fees Earned 12 Accounts Receivable 14 Supplies 15 Prepaid Rent 16 Prepaid Insurance 18 Office Equipment 19 Accumulated Depreciation Office Equipment EXPENSES 51 Salary Expense 52 Rent Expense 53 Supplies Expense 54 Depreciation Expense Instructions Chart of Accounts Labels and Amount Descriptions Income State Instructions Chart of Accounts Ke ch 19 Accumulated Depreciation Office Equipment 54 Depreciation Expense 55 Insurance Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees EQUITY 31 Kelly Pitney, Capital 32 Kelly Pitney, Drawing