Sadie Cuono started her own consulting firm, Cuono Consulting. on May 1, 2020. The trial balance at May 31 is as follows. Cuono Consulting Trial Balance May 31, 2020 Account Number Debit Credit 101 4,400 112 6.100 126 1.700 130 4 800 149 11.400 201 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Share Capital-Ordinary Service Revenue Salaries and Wages Expense Rent Expense 4,400 209 2.100 311 18.800 400 726 7.700 3,300 1.300 33,000 33.000 729 In addition to those accounts listed on the trial balance, the chart of accounts for Cuono Consulting also contains the following accounts and account numbers: No. 150 Accumulated 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 3. 4. 600 of supplies have been used during the month 2 Utilities expense incurred but not paid on May 31, 2020, 300. The insurance policy is for 2 years 600 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 paid on Fridays.Cuono Consulting has two employees, who are paid 900 each for a 5-day work week The office furniture has a 5-year life with no residual value. It is being depreciated at 190 per month for 60 months 7. Invoices representing 1.700 of services performed during the month have not been recorded as of May 31. 5. 6. Ramnathanaiuninnanilai ht 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 2020 1. May 31 2. May 31 3. May 31 4 May 31 5. May 31 6. May 31 7. May 31 eTextbook and Media List of Accounts Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Post entries in the order of journal entries posted in the previous part of the question) Cash No 101 Date Explanation Ref. Debi Credit Balance 2020 May 31 Balance Accounts Receivable Na 112 Date Explanation Ref. De Credit Balance 2020 May 31 Halance May 31 Adjusting 14 Supplies Ne 1 Date Explanation Rec Dahi Credit Balance 2020 May 31 Balance May 31 Adjusting No 130 Prepaid asurance Dale Explanation 2020 Ref. Debi Credit Balance May 31 May 31 Adjusting 14 Equipment No 157 Explanation Ref. Dehli Credit Balance Date 2020 May 31 Balance Na 150 Accumulated Depreciative Equipment Date Explanation 2020 Ref. Debat Credit Ralance May 31 Adjusting No 201 Accounts Payable Dale Explanation 2020 Ret. Deh Credit Balance May 31 Balance May 31 Austing No 20 Vacared Service Rere Die RE De Credit 2020 May 31 May 31 No. 212 Salaries and Wale Date Explanation 2000 ker Deti Credit May 31 Share Capital-Ordinary Dute plante 2000 Ref. DNE Credit May 31 No 400 Service Re Dale 2020 Explanatie Ka Duh Credit May 31 May 31 14 May 21 A H No.631 Sapplies Expense Explore Dulle Ref . Credit 2020 May 31 N719 Depreciation Dale 2020 Explanati RE D Credit 2 May 31 Insurance Expo Explanati 2020 Rel. Debi Credit May 31 Adong H NR 738 Salaries and Wages Expose Date Explana 2020 RE Credit May 31 May 1 ME 4 Na Help Date Explanation Ref. Det Credit Balan CUONO CONSULTING Adjusted Trial Balance Debit Credit