Part 7:

The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete parts 1, 2, 3, 4, and 6 before completing part 7. Part 5 is optional.

Prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank.

Kelly Consulting Adjusted Trial Balance May 31, 20Y8
Account Title	Debit Balances	Credit Balances
Accounts PayableAccumulated DepreciationCashCommon StockSalary Expense	fill in the blank 2	fill in the blank 3
Accounts ReceivableAccumulated DepreciationRent ExpenseRetained EarningsSalaries Payable	fill in the blank 5	fill in the blank 6
Fees EarnedMiscellaneous ExpenseSuppliesSupplies ExpenseUnearned Fees	fill in the blank 8	fill in the blank 9
Accumulated DepreciationCommon StockPrepaid RentRent ExpenseSalaries Payable	fill in the blank 11	fill in the blank 12
Accounts PayableInsurance ExpensePrepaid InsuranceRetained EarningsUnearned Fees	fill in the blank 14	fill in the blank 15
Accumulated DepreciationCommon StockOffice EquipmentSalaries PayableSupplies Expense	fill in the blank 17	fill in the blank 18
Accounts ReceivableAccumulated DepreciationCashDepreciation ExpenseOffice Equipment	fill in the blank 20	fill in the blank 21
Accounts PayableCashOffice EquipmentRent ExpenseRetained Earnings	fill in the blank 23	fill in the blank 24
Accounts ReceivableFees EarnedOffice EquipmentSalaries PayableSalary Expense	fill in the blank 26	fill in the blank 27
CashFees EarnedOffice EquipmentMiscellaneous ExpenseUnearned Fees	fill in the blank 29	fill in the blank 30
Accounts PayableCommon StockInsurance ExpenseOffice EquipmentPrepaid Rent	fill in the blank 32	fill in the blank 33
Accounts ReceivableAccumulated DepreciationRetained EarningsSalaries PayableUnearned Fees	fill in the blank 35	fill in the blank 36
Accounts ReceivableAccumulated DepreciationDividendsSalaries PayableUnearned Fees	fill in the blank 38	fill in the blank 39
Accounts ReceivableCashFees EarnedOffice EquipmentUnearned Fees	fill in the blank 41	fill in the blank 42
Accounts ReceivableCommon StockSalaries PayableSalary ExpenseUnearned Fees	fill in the blank 44	fill in the blank 45
Accounts PayableAccumulated DepreciationPrepaid RentRent ExpenseSalaries Payable	fill in the blank 47	fill in the blank 48
Accumulated DepreciationPrepaid InsuranceSalaries PayableSuppliesSupplies Expense	fill in the blank 50	fill in the blank 51
Accounts ReceivableAccumulated DepreciationCommon StockDepreciation ExpenseUnearned Fees	fill in the blank 53	fill in the blank 54
Accounts PayableInsurance ExpensePrepaid InsuranceSalaries PayableUnearned Fees	fill in the blank 56	fill in the blank 57
CashCommon StockMiscellaneous ExpenseRetained EarningsUnearned Fees	fill in the blank 59	fill in the blank 60
	fill in the blank 61	fill in the blank 62