IS! SLIH Fes, P3-1A Deanna Nardelli started her own consulting firm, Nardelli Consulting, on May 1, and 2017. The trial balance at May 31 is as follows. NARDELLI CONSULTING Trial Balance May 31, 2017 Debit Credit Account Number Cash $ 4,500 101 112 Accounts Receivable 6,000 126 Supplies 1,900 130 Prepaid Insurance 3,600 Equipment 11,400 201 Accounts Payable $ 2,200 209 Unearned Service Revenue 2,000 311 Common Stock 20,000 400 Service Revenue 7,500 726 Salaries and Wages Expense 3,400 729 Rent Expense 900 $31,700 $31,700 149 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 Accumu- lated 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. 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. Invoices representing $1,700 of services performed during the month have not been recorded as of May 31. Instructions (a) Prepare the adjusting entries for the month of May. Use J4 as the page number for your journal. (b) Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference column. Post the adjusting entries to the ledger accounts. (c) Prepare an adjusted trial balance at May 31, 2017. (c) Ar