Sunland started her own consulting firm, Sunland Company, on May 1, 2020. The trial balance at May 31 is as follows Sunland Company Tralalance May 31, 2020 Account Number Credit Debit $ 4,500 Cash 130 1,900 2.400 12.500 201 Supplies Prepaid Insurance Event Accounts Payable Uneamed Service Revenue Common Stod Service Revenue Salanes and Wages Expense Rent 18.000 7.500 400 726 729 3.400 1.500 $32.400 532.400 In addition to those accounts listed on the trial balance, the chart of accounts for Sud Company also contains the following accounts and account numbers: No. 150 Accumulated Depreciation- opment, No. 212 Sales and was Payab, No. 31 Sub Expense No. 717 Depreciation Expense No. 722 narance Expense, and N 732 ts Expense Other data 1. $800 of supplies have been used during the month 2. is expense incurred but not paid on May 31, 2020, $300. 3. The insurance policy for 2 years 4 $400 of the balance in the unearned service revenue account remains uneared at the end of the month 5. May 31 is a Wednesday, and employees are pardon Friday, Narden Conting has two employees, who are paid $1.000 each for a 5-day work week 6. The equipment has a 5-year te with no salvage value. It is being depreciated $210 per month for 60 months 7. Inveces representing $1,800 of services performed during the month have not been recorded as of May 31 Enter the totals from the trial balance as beginning account balances. Post the adjusting entries to the ledger accounts. (Post entries in the order of Journal entries presente part.) Cash No. 101 Date Explanation Ref Debit Credit Balance May 31 Balance Balance 4500 Accounts Receivable No. 112 Date Explanati Debit Balance Credit May 31 Balance 6100 May 31 Adjusting 1800 7900 Supplies No. 126 Date Explanation Debit Credit Balance May 31 Balance 1900 800 May 31 Adjusting Prepaid Insurance Date Explanation May 31 Balance No. 130 Balance Credit 2400 100 2300 No. 149 Credit Balance May 31 Adjusting Equipment Date Explanation May 31 Balance Accumulated Depreciation Equipment Date Explanation 12600 No. 150 Debit Credit Balance May 31 Adjusting 210 210 No. 201 Accounts Payable Date Explanation Ref Debit Credit Balance uTube Maps Weygandt, Financial and Managerial, 3e Accounts Payable Date Explanation No. 201 Balance Debit Credit May 31 Balance 4200 May 31 Adjusting 300 4500 No. 209 Unearned Service Revenue Date Explanation May 31 Balance Debit Credit Balance No. 212 Balance Ref Debit Credit May 31 Adjusting Salaries and Wages Payable Date Explanation May 31 Adjusting Common Stock Date Explanation Ref Debit No. 311 Balance Debit Credit May 31 Balance Service Revenue Date Explanation May 31 Balance Debit No. 400 Balance Credit May 31 Adjusting No. 631 Ref Debit Credit Balance May 31 Adjusting Supplies Expense Date Explanation May 31 Adjusting Depreciation Expense Date Explanation May 31 No. 717 Balance Ref Debit Credit May 31 Adjusting Depreciation Expense Date Explanation No. 717 Balance Ref Debit Credit May 31 Adjusting Insurance Expense Date Explanation No. 722 Balance Ref Debit Credit May 31 Adjusting Salaries and Wages Expense Date Explanation No. 726 Balance Ref Debit Credit May 31 Balance May 31 Adjusting Rent Expense Date Explanation No. 729 Balance Ref Debit Credit May 31 Balance Utilities Expense Date Explanation May 31 Adjusting No. 736 Balance Ref Debit Credit 14