Question: Hellp me with all A,B,C questions. I am bit confused. Andrea Altom started her own consulting firm, AltomConsulting, on May 1,2022. The trial balance at

Hellp me with all A,B,C questions. I am bit confused. Hellp me with all A,B,C questions. I am bit confused. Andrea Altom

Andrea Altom started her own consulting firm, AltomConsulting, on May 1,2022. The trial balance at May 31 is as follows. ALTOM CONSULTING Trial Balance May 31, 2022 In addition to those accounts listed on the trial balance,the chart of accounts for AltomConsulting also contains the following accounts and account numbers:No.150 AccumulatedDepreciationEquipment,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. $500 of supplies have been used during the month. 2. Utilities expense incurred but not paid on May 31,2014,$200. 3. The insurance policy is for 2 years. 4. $1,000 of the balance in the unearned service revenue account remains unearned at the endof the month. 5. May 31 is a Wednesday,and employees are paid on Fridays.Altom Consulting has two employees,who are paid $700 each for a 5-day work week. 6. The equipment has a 5-year life with no salvage value.It is being depreciated at $160 permonth for 60 months. 7. Invoices representing $1,000 of services performed during the month have not been recordedas of May 31. Instructions (a) Prepare the adjusting entries for the month of May.Use J4 as the page number for yourjournal. (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 31,2022

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