Question: I have to use the below information to create an income statement for month ended May 31, a Statement of Stockholder's Equity and a Balance
I have to use the below information to create an income statement for month ended May 31, a Statement of Stockholder's Equity and a Balance Sheet. I also have to create closing entries and a post-closing trial balance.







Part 1: Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y8. The chart of accounts for Kelly Consulting is shown below: 19 Accumulated Depreciation 54 Depreciation Expense 21 Accounts Payable 55 Insurance Expense 22 Salaries Payable 59 Miscellaneous Expense 23 Unearned Fees 31 Common Stock The post-closing trial balance as of April 30,20Y8, is shown below: The nost-closinn trial halance as of Anril 30. 20 Y8. is shown helow: Kelly Consulting Income Statement For the Month Ended May 31, 20 Y8 Expenses: Kelly Consulting Statement of Stockholders' Equity For the Month Ended May 31, 20 Y8 Kelly Consulting Balance Sheet May 31,20Y8 Assets Liabilities Current assets: Current liabilities: Date \begin{tabular}{ccc} \multicolumn{1}{|c}{ Account Name } & Post. Ref. \\ \hline 20Y8 & Closing Entries \\ May 31 & Debit \\ May 31 & & \end{tabular} Part 1: Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y8. The chart of accounts for Kelly Consulting is shown below: 19 Accumulated Depreciation 54 Depreciation Expense 21 Accounts Payable 55 Insurance Expense 22 Salaries Payable 59 Miscellaneous Expense 23 Unearned Fees 31 Common Stock The post-closing trial balance as of April 30,20Y8, is shown below: The nost-closinn trial halance as of Anril 30. 20 Y8. is shown helow: Kelly Consulting Income Statement For the Month Ended May 31, 20 Y8 Expenses: Kelly Consulting Statement of Stockholders' Equity For the Month Ended May 31, 20 Y8 Kelly Consulting Balance Sheet May 31,20Y8 Assets Liabilities Current assets: Current liabilities: Date \begin{tabular}{ccc} \multicolumn{1}{|c}{ Account Name } & Post. Ref. \\ \hline 20Y8 & Closing Entries \\ May 31 & Debit \\ May 31 & & \end{tabular}
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