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question comprehensive problem 1 on april 1 2016 the statements was illustrat pitney 4280616


Comprehensive Problem 1 on April 1, 2016. The statements, was illustrat Pitney began her for April, including financial following transactions: Net income, counting for Kelly Consulting services to be provided in this chapter. During May advance payment for May 3, Received cash from clients as an $2,450 and recorded it unearned fees, as on account, meral Ledge 5. Received cash from clients 9. Paid cash for a newspaper advertisement, $225. 5, $640. 13. Paid office station Co. part of the incurred on April $9,180. 15. Recorded services provided on account for the period May 1-15, owed 16- Paid receptionist for two weeks salary including the amount April 30, $750, 17. Recorded cash from cash clients for fees earned during the period May 1-16, $8,360 Record the following transactions on Page6oftbejournal. 20, Purchased supplies on account, $735. on account for the period May 16-20, $4,820. for fees earned for the period May 17-23, $7,900. 25. Recorded cash from cash clients 27, Received cash from clients on account, $9,520. receptionist for two weeks' salary, $750. 28, Paid part-time 30. Paid telephone bill for May, S260. 31. electricity bill for Ma $810 Recorded cash from cash clients for fees earned for the period May 26-31,$3,300. 31. Recorded services provided on account for the remainder of May, $2,650 31. Kelly withdrew $10,500 for personal use nstructions 1. The chart of accounts for Consulting is in Exhibit 9, the trial Kelly balance as of April 30 2016 in 17. For each account in the ance, enter the balan trial bal in the Posting Date the balances May Balance column of a column Reference column. Journalize 1, 2016, and place a check mar 2. of journal starting on Page each of the May transactions in a chart accounts. 5 of the journal and using Kelly Consultin s 3. Post the journal to in the journal at this time.) Prepare a ledger of four-column accounts. an unadjusted trial balance. 4. At the end of May, the following adjustment data these data to a. Insurance (5) b, expired during May is $275 were assembled. Analyze and use c, Depreciation May 31 $715. Rent of office equipment for May is $330. e, expired during y 31 is $325. unearned fees May is $1,600 on May 31 are $3,210

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