No. Date Account Titles and Explanation Supplies 2. May 2. 31 3. May 31 4.May31 Debit 774 Utilities Expense Accounts Payable Insurance Expense Prepaid Insurance Unearned Service Revenue Service Revenue Credit 215 129 Depreciation Expense No. 717 \begin{tabular}{llrr} 201 & Accounts Payable & & $1,892 \\ 209 & Unearned Service Revenue & 1,720 \\ 311 & Common Stock & 17,236 \\ 400 & Service Revenue & 6,450 \\ 726 & Salaries and Wages Expense & 2,924 & \\ 729 & Rent Expense & & \\ & & \$27,298 & $27,298 \\ \hline \end{tabular} Enter the totals from the trial balance as beginning account balances. Post the adjusting entries to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) In addition to those accounts listed on the trial balance, the chart of accounts for Concord Consulting also contains the following accounts and account numbers: No. 150 Accumulated 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. $774 of supplies have been used during the month. 2. Utilities expense incurred but not paid or recorded on May 31, 2022, \$215. 3. An insurance policy for 2 years was purchased on May 1. 4. $344 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. Concord Consulting has two employees, who are paid $740 each for a 5-day work week. 6. The equipment has a 5-year life with no salvage value. It is being depreciated at $164 per month for 60 months. 7. Invoices representing $1,462 of services performed during the month have not been recorded as of May 31 . Deanna Nardelli started her own consulting firm, Concord Consulting, on May 1, 2022. The unadjusted trial balance at May 31 is as follows. 4 May Unearned Service Revenue 31 . Service Revenue 5. May 31 6. May Salaries and Wages Expense Salaries and Wages Payable Depreciation Expense Accumulated Depreciation-Equipment 7. May 164 \begin{tabular}{|r} \hline 5920 \\ \hline \end{tabular} Accounts Receivable Service Revenue