Part 1

Prepare the adjusting entries for the month of May. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Part 2

Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Post entries in the order of journal entries posted in the previous part of the question.)

Problem 3-1A Sadie Cuono started her own consulting firm, Cuono Consulting, on May 1. 2020. The trial balance at May 31 is as follows. In addition to those accounts listed on the trial balance, the chart of accounts for Cuono 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. Pait 1 Prepare the adjusting entries for the month of May. (Credit account titles are automatically indented when the amount is entered. Do not indent mantalls.)