Problem 3-1A Deanna Nardelli started her own consulting firm, Nardelli Consulting, on May 1, 2015. The trial balance at May 31 is as follows. NARDELLI CONSULTING Trial Balance May 31, 2015 Account Number Debit Credit Cash 4,614 101 Accounts Receivable 5,855 126 Supplies 1,820 Prepaid Insurance 130 3,048 149 Equipment 11,520 Accounts payable 2,064 201 209 Unearned Service Revenue 1,976 Common Stock 19,181 301 Service Revenue 400 8,146 Salaries and Wages Expense 726 3,475 Rent Expense 729 1,035 $31,367 $31,367 In addition to those accounts listed on the trial balance, the chart of accounts for Nardelli Consulting also contains the following accounts and account 717 Depreciation Expense, No. 722 Insurance Expense, and No. 732 Utilities Expense. Other data: $814 of supplies have been used during the month. 2. Utilities expense incurred but not paid on May 31, 2015, $263. (Includes utilities payable under accounts payable.) 3. The insurance policy is for 2 years. 4. $323 of the balance in the unearned service revenue account remains unearned at the end of the month. 5. May 31 is a Wednesday, and employees are paid on Fridays. Nardelli Consulting has two employees, who are paid $1,020 each for a 5-day work 6. The office furniture has a 5-year life with no salvage value. It is being depreciated at $192 per month for 60 months. 7. Invoices representing $1,693 of services performed during the month have not been recorded as of May 31 Prepare the adjusting entries for the month of May. (Credit account titles are automatically indented when the amount is entered. Do not i No. Date Account Titles and Explanation Debit Credit May 31 May 31