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Problem 3-01A a-c (Video) Marigold started her own consulting firm, Marigold Corp., on May 1, 2020. The trial balance at May 31 is as follows.

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Problem 3-01A a-c (Video) Marigold started her own consulting firm, Marigold Corp., on May 1, 2020. The trial balance at May 31 is as follows. Marigold Corp. Trial Balance May 31, 2020 Account Number 101 112 126 130 149 201 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense Debit Credit $ 4,700 5,800 2,300 2,400 10,200 $ 4,300 1,900 15,400 8,300 3,300 1,200 $29,900 $29,900 209 311 400 726 729 In addition to those accounts listed on the trial balance, the chart of accounts for Marigold Corp. also contains the follow Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 631 Supplies Expense, No. 717 Depreciation Expen Expense. Other data: CALCULATOR FULL SCREEN PRINTER VERSION BAL 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. Other data: 1. 2. 3. 4 $1,300 of supplies have been used during the month Utilities expense incurred but not paid on May 31, 2020, $300 The insurance policy is for 2 years. $200 of the balance in the unearned service revenue account remains unearned at the end of the month May 31 is a Wednesday, and employees are pai on Fridays. Nardelli Consulting has two employees, who are paid $1,100 each for a 5-day work week. The equipment has a 5-year life with no salvace value. It is being depreciated at $170 per month for 60 months Invoices representing $1,800 of services performed during the month have not been recorded as of May 31. 5. 6. 7. Prepare the adjusting entries for the month of May. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. May 31 2 May 31 3. May 31

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