12 of 13 Current Attempt in Progress Sharon Lee started her own consulting firm, Lee Consulting on May 1, 2022 The trial balance at May 21 -13 I Question M Question LEE CONSULTING Trial Balance Questions May 31, 2022 Account Number Debit Credit Question 7 101 Cash $4.000 112 Accounts Receivable 5,900 Question 126 Supplies 2,000 130 Prepaid Insurance 4300 Question 149 Equipment 10200 201 Accounts Payable 14.200 Question 10 20% Uneamed Service Revenue 1.900 301 Owner's Capital 18.200 400 Service Revenue 8.100 726 Salaries and Wages Expense 3.500 1400 729 Rent Expense Question 11 Viewing Question 12 Quest 3 $32,400 $32.400 729 Rent Expense 1,400 $32.400 $32.400 Question S 5 -Question In addition to those accounts listed on the trial balance, the chart of accounts for Lee Consulting also contains the following accounts and account reambers: No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable. No. 631 Supple Expense, No. 717 Depreciation Expense, No. 722 Insurance Expense, and No. 732 Utilities Expe Question 7 Other data Question 1 $900 of supplies have been used during the month Question 2. Utilities expense incurred but not paid on May 31, 2022, $200 2 An Imurance policy for 2 years was purchased on May 1 Question 10 4 $300 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. Lee Consulting has two employees, who are paid $900 each for a 5-day work week Question 11 a The office furniture has a 5-year he with no salvage value. It is being depreciated at $170 per month for 60 months Viewing Question 12 7. twoices representing $1.700 of services performed during the month have not been recorded as May 31 MacBook Air Question 13 Question 12 of 13 < > /3 1 Question 4 115 Question S -73 Credit Question 6 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 1 May 31 2 - Mar 31 Ref. Debit 631 126 732 201 Question 7 Question Question May 722 31 130 Question 10 +71 -/1 Sutarted May 209 4 31 Question 11 tated 400 Viewing Question 12 13 urat May 726 5 31 212 Question 13 Ang w /1 CH3 Homework Question 12 of 13 . May 31 722 130 May 209 4. 31 400 726 May 5. 31 212 May 717 31 May 7 31 eTextbook and Media List of Accounts 150 112 400 73 Question & Questions Question Question 7 Question Questions A Question 10 Question 11 Viewing Question 12 Question 13 E 7