So i need everything done which includes a Ledger with the accounts split up, the un-adjusted trail balance, Adjusted trail balance, Income Statement, Retained Earnings Statement, Balance Sheet, Post-Closing Trail Balance.

Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2016. The accounting cycle for Kelly Consulting for April, including financial statements, was illustrated in this chapter. During May, Kelly Consulting entered into the following transactions:

May	3	Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $4,500.
	5	Received cash from clients on account, $2,450.
	9	Paid cash for a newspaper advertisement, $225.
	13	Paid Office Station Co. for part of the debt incurred on April 5, $640.
	15	Recorded services provided on account for the period May 115, $9,180.
	16	Paid part-time receptionist for two weeks salary including the amount owed on April 30, $750.
	17	Recorded cash from cash clients for fees earned during the period May 116, $8,360.

Record the following transactions on Page 6 of the journal:

May	20	Purchased supplies on account, $735.
	21	Recorded services provided on account for the period May 1620, $4,820.
	25	Recorded cash from cash clients for fees earned for the period May 1723, $7,900.
	27	Received cash from clients on account, $9,520.
	28	Paid part-time receptionist for two weeks salary, $750.
	30	Paid telephone bill for May, $260.
	31	Paid electricity bill for May, $810.
	31	Recorded cash from cash clients for fees earned for the period May 2631, $3,300.
	31	Recorded services provided on account for the remainder of May, $2,650.
	31	Paid dividends, $10,500.

Required:

1.

The chart of accounts is shown in a separate panel and the post-closing trial balance as of April 30, 2016, is shown below.

A.	For each account in the post-closing trial balance, enter the balance in the appropriate Balance column of a four-column account. Date the balances May 1, enter Balance in the Item column and select a check mark in the Posting Reference column.
B.	Journalize each of the May transactions in the two-column journal starting on Page 5 of the journal. Refer to the Chart of Accounts for exact wording of account titles. (Do not insert the account numbers in the journal at this time.)

2.

Post the journal entries on pages 5 and 6 of the journal to the ledger of four-column accounts.

3.

Prepare an unadjusted trial balance.

4.

At the end of May, the following adjustment data were assembled. Analyze and use these data to complete parts (5) and (6).

	Insurance expired during May is $275.
	Supplies on hand on May 31 are $715.
	Depreciation of office equipment for May is $330.
	Accrued receptionist salary on May 31 is $325.
	Rent expired during May is $1,600.
	Unearned fees on May 31 are $3,210.

5.

(Optional) On your own paper or spreadsheet, enter the unadjusted trial balance on a 10-column end-of-period spreadsheet (work sheet), and complete the spreadsheet.

6.

A.	Journalize the adjusting entries on Page 7 of the journal. Refer to the Chart of Accounts for exact wording of account titles.
B.	Post the adjusting entries to the ledger.

7.

Prepare an adjusted trial balance.

8.

Prepare an income statement, a retained earnings statement, and a balance sheet.*

9.

A.	Prepare the closing entries on Page 8 of the journal. Refer to the Chart of Accounts for exact wording of account titles.
B.	Post the closing entries to the ledger. Indicate closed accounts by inserting a 0 (zero) in either of the Balance columns opposite the closing entry.

10.

Prepare a post-closing trial balance.

*	For guidance in completing the financial statements, be sure to read the instructions above each statement carefully.

Kelly Consulting

POST-CLOSING TRIAL BALANCE

April 30, 2016

	ACCOUNT TITLE	DEBIT	CREDIT
1	Cash	22,100.00
2	Accounts Receivable	3,400.00
3	Supplies	1,350.00
4	Prepaid Rent	3,200.00
5	Prepaid Insurance	1,500.00
6	Office Equipment	14,500.00
7	Accumulated Depreciation		330.00
8	Accounts Payable		800.00
9	Salaries Payable		120.00
10	Unearned Fees		2,500.00
11	Common Stock		30,000.00
12	Retained Earnings		12,300.00
13	Totals	46,050.00	46,050.00

Comment

CHART OF ACCOUNTSKelly ConsultingGeneral Ledger

	ASSETS
11	Cash
12	Accounts Receivable
14	Supplies
15	Prepaid Rent
16	Prepaid Insurance
18	Office Equipment
19	Accumulated Depreciation

	LIABILITIES
21	Accounts Payable
22	Salaries Payable
23	Unearned Fees

	EQUITY
31	Common Stock
32	Retained Earnings
33	Dividends
34	Income Summary

	REVENUE
41	Fees Earned

EXPENSES

51

Salary Expense

52

Rent Expense

53

Supplies Expense

54

Depreciation Expense

55

Insurance Expense

59

Miscellaneous Expense

Labels
Cash flows from financing activities
Cash flows from investing activities
Cash flows from operating activities
Current assets
Current liabilities
Expenses
For the Month Ended May 31, 2016
May 31, 2016
Property, plant, and equipment
Amount Descriptions
Add dividends
Decrease in retained earnings
Increase in retained earnings
Less dividends
Net decrease in cash during month
Net income
Net income for the month
Net increase in cash during month
Net loss
Net loss for the month
Retained earnings, May 1, 2016
Retained earnings, May 31, 2016
Total assets
Total current assets
Total expenses
Total liabilities
Total liabilities and stockholders equity
Total property, plant, and equipment
Total stockholders equity

Kelly Consulting POST-CLOSING TRIAL BALANCE May 31, 2016 Score: 0/53 ACCOUNT TITLE DEBIT CREDIT 1 Cash 2Accounts Receivable Supplies 4 Prepaid Rent 5 Prepaid Insurance 6 Office Equipment 7 Accumulated Depreciation 8 Accounts Payable 9 Salaries Payable 10 Unearned Fees 11 Common Stock