OKENDO CONSULTING Trial Balance May 31, 2014 Debit Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 7,500 3,000 2,500 3,600 12,000 $ 3,500 4,000 19,100 7,500 4,000 1,500 $34,100 $34,100 tion to those accounts listed on the trial balance, the chart of accounts for Okendo lting also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. $1,000 of supplies have been used during the month. 2 Uility costs incurred but not paid are $300 3. The insurance policy is for 3 years. 4. $1,500 of the balance in the Unearned Service Revenue account remains unearned at the end of the month 5. Assume May 31 is a Tuesday and employees are paid on Fridays. Okendo Consulting has two employees that are paid $600 each for a 5-day work week. 0. The equipment has a 5-year life with no salvage value and is being depreciated at $200 per month for 60 months. e moices representing $1,500 of services performed during the month have not been recorded as of May 31. Instructions al Prepare the adjusting entries for the month of May