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Prepare adjusting entries, post to ledger accounts, and prepare an adjusted trial balance. P3.1A (LO 2, 3, 4) Logan Krause started her own consulting firm,
Prepare adjusting entries, post to ledger accounts, and prepare an adjusted trial balance. P3.1A (LO 2, 3, 4) Logan Krause started her own consulting firm, Krause Consulting, on May 1, 2020. The trial balance at May 31 is as follows. Krause Consulting Trial Balance May 31, 2020 Credit Account Number 101 112 126 130 149 Debit $ 4,500 6,000 1,900 3,600 11,400 201 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Uncarncd Service Revenue Owner's Capital Service Revenue Salaries and Wages Expense Rent Expense 209 301 400 726 729 $ 4,500 2,000 18,700 9,500 6,400 900 $34,700 $34,700 Prepare adjusting entries, post to ledger accounts, and prepare an adjusted trial balance. P3.1A (LO 2, 3, 4) Logan Krause started her own consulting firm, Krause Consulting, on May 1, 2020. The trial balance at May 31 is as follows. Krause Consulting Trial Balance May 31, 2020 Credit Account Number 101 112 126 130 149 Debit $ 4,500 6,000 1,900 3,600 11,400 201 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Uncarncd Service Revenue Owner's Capital Service Revenue Salaries and Wages Expense Rent Expense 209 301 400 726 729 $ 4,500 2,000 18,700 9,500 6,400 900 $34,700 $34,700
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