Ken Ham started his own consulting firm, Hambone Consulting, on May 1, 2010. The trial balance at May 31 is as follows.

In addition to those accounts listed on the trial balance, the chart of accounts for Hambone Consulting also contains the following accounts and account numbers: No. 150 Accumulated Depreciation'Office Furniture, No. 212 Salaries Payable, No. 229 Travel Payable, No. 631 Supplies Expense, No. 717 Depreciation Expense, No. 722 Insurance Expense, and No. 736 Travel Expense.Other data:1. $900 of supplies have been used during the month.2. Travel expense incurred but not paid on May 31, 2010, $250.3. The insurance policy is for 2 years.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. Hambone Consulting has two employees, who are paid $800 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 $170 per month for 60 months.7. Invoices representing $1,200 of services performed during the month have not been recorded as of May 31.Instructions(a) Prepare the adjusting entries for the month of May. Use J4 as the page number for your journal.(b) Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference column.(c) Prepare an adjusted trial balance at May 31,2010.

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HAMBONE CONSULTING Trial Balance May 31, 2010 Account Number Debit Credit $ 5,700 101 Cash 112 Accounts Receivable 6,000 126 Supplies Prepaid Insurance Office Furniture Accounts Payable Unearned Service Revenue 1,900 3,600 10,200 130 149 $ 4,500 201 209 2,000 301 K. Ham, Capital Service Revenue Salaries Expense Rent Expense 17,700 7,500 400 726 3,400 729 900 $31,700 $31,700