Logan Krause started her own consulting firm, Krause Consulting, on May 1, 2022. The trial balance at May 31 is as follows.

KRAUSE CONSULTING Trial Balance May 31, 2022
Account Number				Debit		Credit
101		Cash		$ 4,500
112		Accounts Receivable		6,000
126		Supplies		1,900
130		Prepaid Insurance		3,600
149		Equipment		11,400
201		Accounts Payable				$ 4,500
209		Unearned Service Revenue				2,000
301		Owners Capital				18,700
400		Service Revenue				9,500
726		Salaries and Wages Expense		6,400
729		Rent Expense		900
				$34,700		$34,700

In addition to those accounts listed on the trial balance, the chart of accounts for Krause Consulting also contains the following accounts and account numbers: No. 150 Accumulated DepreciationEquipment, No. 212 Salaries and Wages Payable, No. 631 Supplies Expense, No. 717 Depreciation Expense, No. 722 Insurance Expense, and No. 732 Utilities Expense. Other data:

1.		$900 of supplies have been used during the month.
2.		Utilities expense incurred but not paid on May 31, 2022, $250.
3.		An insurance policy for 2 years was purchased on May 1.
4.		$400 of the balance in the unearned service revenue account remains unearned at the end of the month.
5.		May 31 is a Wednesday, and employees are paid on Fridays. Krause Consulting has two employees, who are paid $920 each for a 5-day work week.
6.		The office furniture has a 5-year life with no salvage value. It is being depreciated at $190 per month for 60 months.
7.		Invoices representing $1,700 of services performed during the month have not been recorded as of May 31.

(a)

Prepare the adjusting entries for the month of May. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

No.	Date	Account Titles and Explanation	Ref.	Debit	Credit
1.	May 31	enter an account title for the adjusting entry on May 31	631	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on May 31	126	enter a debit amount	enter a credit amount
2.	May 31	enter an account title for the adjusting entry on May 31	732	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on May 31	201	enter a debit amount	enter a credit amount
3.	May 31	enter an account title for the adjusting entry on May 31	722	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on May 31	130	enter a debit amount	enter a credit amount
4.	May 31	enter an account title for the adjusting entry on May 31	209	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on May 31	400	enter a debit amount	enter a credit amount
5.	May 31	enter an account title for the adjusting entry on May 31	726	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on May 31	212	enter a debit amount	enter a credit amount
6.	May 31	enter an account title for the adjusting entry on May 31	717	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on May 31	150	enter a debit amount	enter a credit amount
7.	May 31	enter an account title for the adjusting entry on May 31	112	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on May 31	400	enter a debit amount	enter a credit amount