Susan Wilson started her own consulting firm, Wilson Consulting, on May 1, 2020. The trial balance at May 31 is as follows. WILSON CONSULTING Trial Balance May 31, 2020 Credit Account Number 101 112 126 130 149 Debit $4.600 6,200 1,700 2.400 11400 201 209 301 400 726 729 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Owner's Capital Service Revenue Salaries and Wages Expense Rent Expense $4800 2.000 16,600 7.600 3.400 1.300 $31.000 $31.000 In addition to those accounts listed on the trial balance, the chart of accounts for Wilson Consulting also contains the following accounts and account numbers. No 150 Accumulated Depreciation Equipment. No. 212 Sales and Wes Payable No 631 Supplies Expense No. 717 Depreciation Expense, No 722 Insurance Expense and No. 732 Utilities Expense $ 3 % 5 EN 6 8 O- 1 0 E R Y U O P S D F H J X C V B N 3 al command option Other data: 1 2 3. $600 of supplies have been used during the month Utilities expense incurred but not paid on May 31, 2020, $300. The insurance policy is for 2 years $400 of the balance in the unearned service revenue account remains unearned at the end of the month. May 31 is a Wednesday, and employees we paid on Fridays. Wilson Consulting has two employees, who are paid $800 each for a 5-day work week The othce furniture has a 5-year life with no salvage value. It is being depreciated at $190 per month for 60 months. Invoices representing $1,700 of services performed during the month have not been recorded as of May 31. 5. 6. 7 la 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 Acco Titles and Explanation Ref. Debit Credit 31 631 3 3 $ % 5 6 7 8 1 0 E R T Y O P S D F G H C