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TURLI-LeassignmentSessionLocator=assignment-take&inprogress=false Calculator Comprehensive Problem 1 Instructions Chart of Accounts Journal Ledger Instructions Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2016. The

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TURLI-LeassignmentSessionLocator=assignment-take&inprogress=false Calculator Comprehensive Problem 1 Instructions Chart of Accounts Journal Ledger Instructions 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 uneared fees, $4,500. Received cash from clients on account, $2,450. Paid cash for a newspaper advertisement, $225 Paid Office Station Co for part of the debt incurred on April 5, S640 Recorded services provided on account for the period May 1-15, 89,180 Paid part-time receptionist for two weeks' salary including the amount owed on April 30, 5750 Recorded cash from cash clients for fees earned during the period May 1-16, S8,360 13 15 16 17

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