The following is a comprehersive 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 concopts. Note: You must complete part i before completing parts 2 and 3. Part 2. Using the attached spreadsheet, post the journal entries from part 1 to a ledger af four-column accounts. Part 3: Prepare an unadjusted trial balance. If an amount box coes not require an entry, leave it blank. a mare Check My Work user remaning The post-closing trial balance as of Anril 30 onv8 ic chniwn haln.... Required: The following is a comprehensive problem which encompasses all of the elements leamed in previous chapters. You can refer to the objectives for each chapter covered a a review of the concepts. Kelly Pitney began her consuiting business, Kelly Consulting, on April 1, 20y8. The chart of accounts for Kelly Consulting is shown below: The post-closing trial balance as of April 30, 20Y8, is shown below: Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Do not insert the account numbers in the Post. Ref, column of the journal at this time. If an amount box does not require an entry, leave it blank. May 3: Received cash from clients as an advance payment for services to be provided and recorded it as uneamed fees, $4,500. May 5: Received cash from clients on account, 32,450. May 9: Paid cash for a newspaper advertisement, $225. May 13: Paid olfice Station Co, for part of the debe incurred on Aprit 5,4640 . May 15: Recorded services provided on account for the period May 115,$9,180. May 16: Paid part-time receptionist for two weeks' salary including the amount owed on April 36 May 17: Recorded cash from cash clients for fees earned during the period May 116,$8,360. 3 more Check My Work uses remaining. May 20: Purchased supplies on account, $735. May 21: Recorded services provided on account for the period May 1620,$4,820. May 25: Recorded cash from cash clients for fees earned for the period May 17-23, $7,900. May 27: Received cash from clients on account, $9,520. May 28: Paid part-time receptionist for two weeks' salary, $750. May 30: Paid telephone bill for May, $260. May 31: Paid electricity bill for May, $810. May 31: Recorded cash from cash clients for fees earned for the period May 2631,$3,300 3 more Check My Work uses remaining. May 31: Recorded services provided on account for the remainder of May, $2,650. May 31: Paid dividends, $10,500 Feedback T Check My Work First, identify what account is used and then what type of account is used. Every account is either a expense account. Then determine whether the account increases or decreases. Each increase or dec debit and credit. Remember, total debits should equal total credits in your entry
