I'm stuck. I need help figuring out parts 8-10. Not sure if information from the other previous problems will help with part 8-10, but I'm lost and provided it all.

X CengageNOWv2 | Online teaching and learning resource from Cengage Learning ACC-201-R1290 Financial Accounting 21EW1 ? Comprehensive Problem 1 Part 1: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2018. The chart of accounts for Kelly Consulting is shown below: 11 Cash 32 Retained Earnings 12 Accounts Receivable 33 Dividends 14 Supplies 41 Fees Earned 15 Prepaid Rent 51 Salary Expense 16 Prepaid Insurance 52 Rent Expense 18 Office Equipment 53 Supplies Expense 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: Kelly Consulting Doct-Clncing Trial Ralance Check My Work Previous1-3 - ACC-201-R1290 Financial Accounting 21EW1 -3 Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 Account No. Debit Credit Cash 11 22,100 Accounts Receivable 12 3,400 Supplies 14 1,350 Prepaid Rent 15 3,200 Prepaid Insurance 16 1,500 Office Equipment 18 14,500 Accumulated Depreciation 19 330 Accounts Payable 21 800 Salaries Payable 22 120 Unearned Fees 23 2,500 Common Stock 31 30,000 Retained Earnings 32 12,300 46,050 46,050 Required: Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Do not insert the account numbers in the Post. Ref. column of the journal at this time. ) If an amount box does not require an entry, leave it blank. Check My Work PreviousProblem: Parts 1-3 - ACC-201-R1290 Financial Accounting 21EW1 X CengageNOWv2 | Online teaching and learning resource from Cengage Learning lem: Parts 1-3 $4,500. ? ART.2.A... Description Post. Ref. Debit Credit ART. 1 Cash 4,500 Unearned Fees * V 4,500 May 5: Received cash from clients on account, $2,450. Description Post. Ref. Debit Credit Cash 2,450 Accounts Receivable 2,450 May 9: Paid cash for a newspaper advertisement, $225. Description Post. Ref. Debit Credit Miscellaneous Expense 225 Cash 225 May 13: Paid Office Station Co. for part of the debt incurred on April 5, $640. Description Post. Ref. Debit Credit Accounts Payable * V 640 Cash * v 640 Check My Work ms Previous .16% Email Instructor Save and Exit Submit Assignment for GradingAA Q v2.cengagenow.com + roblem: Parts 1-3 - ACC-201-R1290 Financial Accounting 21EW1 x CengageNOWv2 | Online teaching and learning resource from Cengage Learning lem: Parts 1-3 May 13: Paid Office Station Co. for part of the debt incurred on April 5, $640. ? RT.2.A... Description Post. Ref. Debit Credit RT.1 Accounts Payable 640 Cash - V 640 May 15: Recorded services provided on account for the period May 1-15, $9,180. Description Post. Ref. Debit Credit Accounts Receivable 9, 180 Fees Earned 9,180 May 16: Paid part-time receptionist for two weeks' salary including the amount owed on April 30, $750. Description Post. Ref. Debit Credit Salary Expense 630 Salaries Payable 120 Cash * V 750 May 17: Recorded cash from cash clients for fees earned during the period May 1-16, $8,360. Description Post. Ref. Debit Credit Cash * V 8,360 Check My Work Previous 16% Email Instructor Save and Exit Submit Assignment for GradingAA Q v2.cengagenow.com + ive Problem: Parts 1-3 - ACC-201-R1290 Financial Accounting 21EW1 X CengageNOWv2 | Online teaching and learning resource from Cengage Learning Problem: Parts 1-3 ? 1.PART.2.A... May 20: Purchased supplies on account, $735. Description Post. Ref. Debit Credit 1.PART. 1 Supplies 735 Accounts Payable 735 May 21: Recorded services provided on account for the period May 16-20, $4,820. Description Post. Ref. Debit Credit Accounts Receivable 4,820 Fees Earned > 4,820 May 25: Recorded cash from cash clients for fees earned for the period May 17-23, $7,900. Description Post. Ref. Debit Credit Cash 7,900 Fees Earned * V 7,900 May 27: Received cash from clients on account, $9,520. Description Post. Ref. Debit Credit Cash > V 9,520 tems Check My Work Previous 95.16% Email Instructor Save and Exit Submit Assignment for GradingMay 28: Paid part-time receptionist for two weeks' salary, $750. Description Post. Ref. Debit Credit Salary Expense 750 Cash V 750 May 30: Paid telephone bill for May, $260. Description Post. Ref. Debit Credit Miscellaneous Expense 260 Cash * V 260 May 31: Paid electricity bill for May, $810. Description Post. Ref. Debit Credit Miscellaneous Expense 810 Cash 810 May 31: Recorded cash from cash clients for fees earned for the period May 26-31, $3,300. Description Post. Ref. Debit Credit Cash * V 3,300 Fees Earned * V 3,300 V Check My Work PreviousParts 1-3 - ACC-201-R129 arts 1-3 Miscellaneous Expense 810 Cash * V 810 V May 31: Recorded cash from cash clients for fees earned for the period May 26-31, $3,300. Description Post. Ref. Debit Credit Cash 3,300 Fees Earned 3,300 May 31: Recorded services provided on account for the remainder of May, $2,650. Description Post. Ref. Debit Credit Accounts Receivable . V 2,650 Fees Earned * V 2,650 V May 31: Paid dividends, $10,500. Description Post. Ref. Debit Credit Dividends . V 10,500 Cash * V 10,500 Feedback Check My Work PreviousACC-201-R1290 Financial Accounting 21EW1 X CengageNOWv2 | Online teaching and learning resource from Cengage Learning Comprehensive Problem 1 Part 2 and Part 3: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete part 1 before completing parts 2 and 3. Part 2: Using the attached spreadsheet, post the journal entries from part 1 to a ledger of four-column accounts. Part 3: Prepare an unadjusted trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Unadjusted Trial Balance May 31, 20Y8 Debit Credit Account Title Balances Balances Cash - V 44,195 Accounts Receivable 8,080 Supplies * V 2,085 Prepaid Rent 3,200 Prepaid Insurance V 1,500 Office Equipment > 14,500 Accumulated Depreciation . 330Problem: Parts 1 lem: Parts 1-3 repaid Tsui ante RT.2.A... Office Equipment 14,500 RT.1 Accumulated Depreciation * V 330 V Accounts Payable * V 895 V Salaries Payable 0 Unearned Fees 7,000 330 d. Accrued receptionist salary on May 31 is $325. Date Account Name Post. Ref. Debit Credit May 31 Salary Expense 325 Salaries Payable 325 e. Rent expired during May is $1,600. Date Account Name Post. Ref. Debit Credit May 31 Rent Expense 1,600 Check My Work Next Email Instructor Save and Exit Submit Assignment for Grading4-7 May 31 Depreciation Expense 330 Accumulated Depreciation - V 330 d. Accrued receptionist salary on May 31 is $325. Date Account Name Post. Ref. Debit Credit May 31 Salary Expense * V 325 Salaries Payable * V 325 e. Rent expired during May is $1,600. Date Account Name Post. Ref. Debit Credit May 31 Rent Expense 1,600 Prepaid Rent * V 1,600 V f. Unearned fees on May 31 are $3,210. Date Account Name Post. Ref. Debit Credit May 31 Unearned Fees * V Fees Earned V Feedback Check My WorkComprehensive Problem 1 Part 7: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete parts 1, 2, 3, 4, and 6 before completing part 7. Part 5 is optional. Prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Adjusted Trial Balance May 31, 20Y8 Debit Credit Account Title Balances Balances Cash Accounts Receivable Supplies * V Prepaid Rent * v Prepaid Insurance V Office Equipment * v Accumulated Depreciation Accounts Payable * V Salaries Payable * vACC-201-R1290 Financial Accounting 2 Office Equipment Accumulated Depreciation Accounts Payable V Salaries Payable V Unearned Fees V Common Stock * Retained Earnings Dividends Fees Earned * V Salary Expense V Rent Expense . V Supplies Expense V Depreciation Expense Insurance Expense * v Miscellaneous Expense * V Feedbackning resource from Cengage Learning Part 8: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. NOTE: You must complete parts 1, 2, 3, 4, 6 and 7 before completing part 8. Part 5 is optional. Prepare an income statement. Kelly Consulting Income Statement For the Month Ended May 31, 20Y8 Fees earned Expenses: Salary expense Rent expense * Supplies expense Depreciation expense Insurance expense Miscellaneous expense V Total expenses * v Net income > v8-10 - ACC-201-R1290 Financial Accounting 21EW1 X CengageNOWv2 | Online teaching and learning resource from Cengage Learning 10 Net income ? Prepare a statement of stockholders' equity. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Kelly Consulting Statement of Stockholders' Equity For the Month Ended May 31, 20Y8 Common Stock Retained Earnings Total Prepare a balance sheet. Kelly Consulting Balance Sheet May 31, 20Y8 Assets Liabilities Current assets: Current liabilities: Check My Work PreviousAA A v2.cengagenow.com ts 8-10 - ACC-201-R1290 Financial Accounting 21EW1 X CengageNOWv2 | Online teaching and learning resource from Cengage Learning 8-10 Prepare a balance sheet. Kelly Consulting Balance Sheet May 31, 20Y8 Assets Liabilities Current assets: Current liabilities: Total liabilities Total current assets tA Property, plant, and equipment: Stockholders' Equity Total property, plant, and equipment Total stockholders' equity Total assets Total liabilities and stockholders' equity Feedback