kelly Pitney began her censulting busines, kelly Consulting For egete kelly on April 1, 2019. The accoenting cycle Consulting a April, includia financial in this chapter. During Hay kelly Consulting entered inato the follew ing transactiens: Statements, was illestrated May 3 Received cash from clents as an aduance payment for services to be preided and recorded t as onearned fees, 4,500 5, Received cash fram clients on account, 2, 450 9 Paid cash for a news paper advertisement, $225 13. Paid Office Station Co for part of the debt in curred on April 5, 4640 15. Previded services on account for the peried Hay 1-15, $9,180 16. Paid part- time receptionist for two weeks Salary including the amouat owed on April 30, 750. n. Received cash from cash client s for fees earned ducing the peiod May 1- 16, $ 8,360 20, Purchase d Supplies o account, 735 21, Provided services on account for the period May 6-20, $4,820. 25. Received cash fram cash clients for fees earned for the periad May 17-23, $1,40o 27, Received cash fram clients on account, a,520 28. Paid part-time receptionist for twe weeks! salary,750 30, Paid telephone bill for 31. Paid electricity bill for May, 4810 31. Received cash frem cash clients for fees earned for the 3260 May periad May 26-31,$3,300 31. Previded services on account for the remainder of May,2,650 31. Kelly with drew 10,500 fer personal use. 2. Past the ounal to a 3. Pre pare an 4, At the end of May, the fellesing stenent adjustment data were assembled. Analyze and use to cemplete parts C5) and Ce) a. Insurance expired ducing May is 275 b. Supplies on hand on May 31 C. De preciation of office eqipment for Hay is 330 d. Accrued receptienist salary Reat expired during Hay f.Unearaed fees on Hay 31 are 3,210 ledger of faur-column accants nadjusted trial balance these data are 15 on May 31 is325 1, C00 nal balancas, work sheet, and ledger bealance columns, enter a zero in cells you would otherwIse leave blank 13 14 15 . and 2. 16 Page 5 JOURNAL 17 Post Credit 18 Date Description Ref. Debit 19 2019 20 May 3 21 22 23 5 24 25 26 9 27 28 29 13 30 31 32 15 33 34 35 16 36 37 38 39 17 40 41 42 43 Page 6 JOURNAL 44 Post 45 Debit Date Description Ref. Credit 46 2019 47 May 20 48 49 50 21 51 52 53 25 54 56 27 57 58 59 28 60 61 62 30 63 64 65 31 66 67 68 31 69 70 71 31 72 73 74 31 75 76 77 fx Enter text or formula 2., 6. and 9 78 GENERAL LEDGER 79 Cash 11 B0 Post Balance 81 Date Ref. Dr. Cr Dr. Cr. Item B2 2019 22,100 83 ay 3 1 alance 84 85 5 86 87 13 BB 16 89 17 90 25 91 27 92 28 93 30 04 31 95 31 96 31 97 98 99 Accounts Receivable 12 100 101 Balance Post Date 2019 Item Ref. Dr. Cr. Dr. Cr. 102 103 y 5 1 Balance 3,400 104 105 15 100 21 107 27 108 31 100 110 111 Supplies 14 Post 112 Balance 113 Date tem Ref. Dr. Cr. Dr. Cr. 114 2019 1,350 115 ay 20 1 Balance 116 31 Adusting 117 118 119 120 Prepaid Rent 15 Post 121 Balance 122 Date Item Ref. Dr. Cr. Dr Cr. 123 2019 124 May 31 Adusting 1 Balance 3,200 125 126 127 128 Prepaid Insurance 16 129 Post Balance 130 Date Item Ref Dr. Cr Dr. Cr. 2019 131 |ay 31 Adusting 132 1 Balance 1,500 133 134 135 136 Office Equipment 18 Post 137 Balance 138 Date Item Ref. Dr. Cr. Dr. Cr. 139 2019 140 May 1 Balance 14,500 141 142 143 Accumulated Depreciation 19 144 Post Balance 145 Date Item Ref. Dr. Cr. Dr. Cr. 146 2019 May 147 1 Balance 330 148 31 Adustina fx Enter text or formula A B C D E HI J KL M N 140 May 1 Balance 14,500 141 142 143 Accumulated Depreciation 19 Post 144 Balance 145 Date Item Ref. Dr. Cr. Dr. Cr. 140 2019 May 31 Adjusting 147 1 Balance 330 148 140 150 151 Accounts Payable 21 152 Post Balance 153 Date Ref Dr. Cr. Dr. Cr. Item 154 2019 155 May 13 1 Balance B00 156 157 20 158 159 160 Salaries Payable 22 161 Post Balance 162 Date Ref Dr. Cr. Dr. Cr. Item 2019 163 164 May 16 1 Balance 120 165 166 31 Adusting 167 168 169 Uneamed Fees 23 170 Post Balance 171 Date 2019 Ref. Dr. Cr. Dr. Cr. Item 172 2.500 173 May 3 1 Balance 174 31 Adusting 175 176 177 178 Kelley Pitney, Capital 31 179 Post Balance 180 Date Item Ref. Dr. Cr. Dr. Cr. 181 2019 182 May 31 Closing 31 Closing 1 Balance 42,300 183 184 185 186 187 Kelley Pitney, Drawing 32 188 Post Balance 189 Date Item Ref Dr. Cr Dr Cr. 190 2019 191 May 31 31 Closing 192 193 194 195 Fees Earned 41 196 Post Balance 197 Date Item Ref. Dr. Cr. Dr.. Cr. 198 2019 199 May 15 200 17 201 21 202 25 203 31 204 31 205 31 Adjusting 31 Closing 200 207 208 209 Salary Expense 51 210 Post Balance fix Enter text or formula A HL G N 200 Salary Expense 51 210 Post Balance 211 Date Rt Dr. Cr Dr. Cr. tem 2019 212 May 16 28 31 Adusting 31 Closing 213 214 215 216 217 218 219 Rent Expense 52 220 Post Balance 221 Date tem Ret. Dr. Cr. Dr. Cr. 2019 222 May 31 Adusting 31 Closing 223 224 225 226 227 Supplies Expense 53 228 Post Balanoe 229 Date temi Ret. Dr. Cr. Dr. Cr. 230 231 2019 May 31 Adusting 31 Closing 232 233 234 235 Depreciation Expense 54 236 237 238 Post Balanoe Date tem Ret. Dr. Cr. Dr. Cr. 2019 239 May 31 Adusting 31 Closing 240 241 242 243 Insurance Expense 55 244 Post Balance 245 246 Date tem Ret. Dr. Cr. Dr. Cr. 2019 247 May 31 Adusting 31 Closing 248 249 250 251 Miscellaneous Expense 59 252 Post Balance 253 Date trm Ret. Dr. Cr. Dr. Cr. 254 2019 255 May 30 9 256 257 31 31 Clesing 258 259 260 261 KELLY CONSULTING Uhadjusted Trial Balance 262 May 31, 2019 Acct 263 Credt Debit Balances 264 No. Baances 265 Cash Accounts Receivable 11 12 266 267 Supplies Prepaid Rent Prepaid Insurance Ofice Equipment Accumulated Depreciation Accounts Payabla Salanes Payable Unearned Fees Kelley Pitney, Capital Kelley Pitney, Drawng Fees Eamed 14 268 15 16 18 19 21 22 23 31 32 41 51 52 260 20 271 272 273 274 275 276 27 278 Salary Expense Rent Expense Supplies Expense Depreciation Expanse Insurance Expen5e 279 280 281 54 282 Miscellanecus Expense 283 284 285 286