Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2019. The ac- counting cycle for Kelly Consulting for April, including nancial statements, was illustrated in this chapter. During May, Kelly Consulting entered into the following transactions: May 5. Received cash from clients as an advance payment for services to be provided 5. 9. 15. 15. l6. l7. and recorded it as unearned fees, $4,500. Received cash from clients on account, $2,450. Paid cash for a newspaper advertisement, $225. Paid Ofce Station Co. for part of the debt incurred on April 5, $640. Provided services on account for the period May 115, $9,180. Paid part-time receptionist for two weeks' salary including the amount owed on April 30, $750. Received cash from cash clients for fees earned during the period May 1-16, $8,360. Record the following transactions on Page 6 offbejoumal- 20. 21. 25. 27. 28. 30. 51. 51. 51. 31. Purchased supplies on account, $735. Provided services on account for the period May 16-20, $4,820. Received cash from cash clients for fees earned for the period May l7a23, $7,900. Received cash from clients on account, $9,520. Paid part-time receptionist for two weeks' salary, $750. Paid telephone bill for May, $260. Paid electricity bill for May, $810. Received cash from cash clients for fees earned for the period May 26-31, $3,500. Provided services on account for the remainder of May, $2,650. Kelly withdrew $10,500 for personal use. 1} Expanded accounting equation [simple and expanded) 2} Single page journal (Accounts increase or decrease?) 3} Adjustment journal and transfer (Accounts increase or decrease?) 4} Daily closing and transfer (accounts increase or decrease?)