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Comprehensive Problem 1 Part 2 and Part 3:

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 part 1 before completing parts 2 and 3.

Part 2: Using the attached spreadsheet, post the journal entries from part 1 to a ledger of four-column accounts.

Part 3: Prepare an unadjusted trial balance. If an amount box does not require an entry, leave it blank.

Kelly Consulting Unadjusted Trial Balance May 31, 20Y8Account TitleDebit BalancesCredit BalancesAccounts PayableAccumulated DepreciationCashCommon StockSalary ExpenseCashfill in the blank 2fill in the blank 3Accounts ReceivableAccumulated DepreciationRetained EarningsRent ExpenseSalaries PayableAccounts Receivablefill in the blank 5fill in the blank 6Fees EarnedMiscellaneous ExpenseSuppliesSupplies ExpenseUnearned FeesSuppliesfill in the blank 8fill in the blank 9Accumulated DepreciationCommon StockPrepaid RentRent ExpenseSalaries PayablePrepaid Rentfill in the blank 11fill in the blank 12Accounts PayableInsurance ExpenseRetained EarningsPrepaid InsuranceUnearned FeesPrepaid Insurancefill in the blank 14fill in the blank 15Accumulated DepreciationCommon StockOffice EquipmentSalaries PayableSupplies ExpenseOffice Equipmentfill in the blank 17fill in the blank 18Accounts ReceivableAccumulated DepreciationCashDepreciation ExpenseOffice EquipmentAccumulated Depreciationfill in the blank 20fill in the blank 21Accounts PayableCashOffice EquipmentRent ExpenseRetained EarningsAccounts Payablefill in the blank 23fill in the blank 24Accounts ReceivableFees EarnedOffice EquipmentSalaries PayableSalary ExpenseSalaries Payablefill in the blank 26fill in the blank 27CashFees EarnedMiscellaneous ExpenseOffice EquipmentUnearned FeesUnearned Feesfill in the blank 29fill in the blank 30Accounts PayableCommon StockInsurance ExpenseOffice EquipmentPrepaid RentCommon Stockfill in the blank 32fill in the blank 33Accounts ReceivableAccumulated DepreciationRetained EarningsSalaries PayableUnearned FeesRetained Earningsfill in the blank 35fill in the blank 36Accounts ReceivableAccumulated DepreciationDividendsSalaries PayableUnearned FeesDividendsfill in the blank 38fill in the blank 39Accounts ReceivableCashFees EarnedOffice EquipmentUnearned FeesFees Earnedfill in the blank 41fill in the blank 42Accounts ReceivableCommon StockSalaries PayableSalary ExpenseUnearned FeesSalary Expensefill in the blank 44fill in the blank 45Accounts PayableAccumulated DepreciationPrepaid RentRent ExpenseSalaries PayableRent Expensefill in the blank 47fill in the blank 48Accumulated DepreciationPrepaid InsuranceSalaries PayableSuppliesSupplies ExpenseSupplies Expensefill in the blank 50fill in the blank 51Accounts ReceivableAccumulated DepreciationCommon StockDepreciation ExpenseUnearned FeesDepreciation Expensefill in the blank 53fill in the blank 54Accounts PayableInsurance ExpensePrepaid InsruanceSalaries PayableUnearned FeesInsurance Expensefill in the blank 56fill in the blank 57CashCommon StockMiscellaneous ExpenseRetained EarningsUnearned FeesMiscellaneous Expensefill in the blank 59fill in the blank 60 fill in the blank 61fill in the blank 62