Prepare adjusting entries for the month of may , post adjusting entries to the ledger accounts enter totals from the trial balance as beginning balances, prepare an adjusted trial balance at may 31 2017

Print by: Dimiu'v Bartheiemy KCCO!-ACC-1100,09-1169,1: D9L1275] (KCC) I HW-Ch. 3 balance at *Problem 3-1 A started her own consult "ay 31 is as folicws. chan Krause ing finn, Krause Consulting, on Debit Credit May 1, 2017. The trial Account Number 101 Cash 5 4,700 112 Accounts Receivable S,9OO 126 Supplies 1 ,800 130 Prepaid Insurance 2,400 149 Equipment 1 1,400 201 Accounts Payable 5 4,600 209 Uneamed Service Revenue 1.900 301 Owner's Capital 16,000 400 Service Revenue 8.300 726 Salaries and Wages Expense 3,500 729 Rent Expense 1,100 $30,800 $30.800 art of accounts for Krause Consulting also In addition to those accounts listed on count numbers: No. 150 Accumulated Deprecation-Equipment, contains the following accounts and ac 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. $700 ofsupplies have been used during the month. 2. Utilities expense incurred but not paid on May 31, 2017, $200. 3. The insurance policy is for 2 years. 4. 5200 of the balance 'n th ' ' month. I e uneamed serVice revenue acc0unt remains uneamed at the end of the 5. May 31 is a Wednesday and employees are ' ' ' ' , paid on Fnda s. Krause who are paid $900 each for a 5-day work week. y consumng has two empmees' 6. The office furniture has a 5-year life with no ' salva e . ' month for 60 months. 9 va'ue It fi bemg deprecated at "go per 7. Invoices representing 51 600 of sewlces rf I rm "ay 31' pe 0 ed during the month have not been recorded as of MW Prepare the adjusting entn'es far the month of Ma ' y. (Credit account tm imitated when the amount is entered. Do not Indent manually.) es are aummmny. M- ' 5 wce' 2;::,r:s Erie' :*e was Per" me traa baiance as begnn ng presented in the previous part.) "Is: t" 3:25', ': , acxa': scarce; {Postengfges , the crap."'A . ' . "I'm." IF, SH, [At ifx . rr e v Si" was M C:::::3::::c::.:3 Reza; 25 line: tw