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I have been stuck on this question please help Helen Martin started her owe consulting firm, Martin Consulting, on May 1,2022. The trial balance at
I have been stuck on this question please help
Helen Martin started her owe consulting firm, Martin Consulting, on May 1,2022. The trial balance at May 31 is as follew1. In addition to those accounts listed on the trial balance, the chart of accounts for Martin Consulting also contalins the following accounts and account numbers: No 150 Accumulated Depreciation-Equipenent, No, 212 Salaries and Wages Payable, No, 631 Supplies Expense, No. 717 Depreciation Expense, No. 722 Insurance Expense, and No. 732 Utikities Expense. Other data: 1. $800 of supplies have been used during the month. 2. Utilities expense incurred but not paid on May 31, 2022, $200. 3. An insurance policy for 2 years was purchased on May 1 . 4. $200 of the balance in the uneamed service revenue account remains unearned at the end of the month. 5. May 31 is a Wednesday, and employees are paid on Fridays. Martin Consulting has two employees, who are paid $900 each for a 5-day work week. 6. The offce fumiture has a 5-year life with no salvage value. It is being depreciated at $210 per month for 60 months. 7. Involces representing $1,800 of services performed during the month have not been recorded as of May 31. Prepare the adiusting entries for the month of May. Qht oll deblt entrles befort credit entries Credit occount eisles are automatically indented when the amount is entered, Do not indent mancallyd 4. May 209 5. May 400 212 6. May 726 717 150 7. May 112 eTextboak and Media List of Accounts Step by Step Solution
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