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6. May 31 7. May 31 Prepare an adjusted trial balance at May 31, 2025. \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Prepaid Insurance } & \multicolumn{2}{|c|}{ No. 130} \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance \\ \hline \multicolumn{6}{|l|}{2025} \\ \hline May 31 & Balance & & & & \\ \hline May 31 & Adjusting & 34 & & & \\ \hline \multicolumn{4}{|c|}{ Equipment } & \multicolumn{2}{|c|}{ No. 149} \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance \\ \hline \multicolumn{6}{|l|}{2025} \\ \hline May 31 & Balance & & & & \\ \hline \multicolumn{5}{|c|}{AccumulatedDepreciation-Equipment} & No. 150 \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance \\ \hline \multicolumn{4}{|l|}{2025} & & \\ \hline May 31 & Adjusting & 34 & & & \\ \hline \end{tabular} Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Post entries in the order of journal entries posted in the previous part of the question.) Share Capital-Ordinary No. 311 Date Explanation Ref. Debit Credit Balance 2025 May 31 Balance Service Revenue No. 400 Date Explanation Ref. Debit Credit Balance 2025 May 31 Balance May 31 Adjusting J4 May 31 Adjusting J4 Supplies Expense No. 631 Date Explanation Ref. Debit Credit Balance 2025 May 31 Adjusting J4 Prepare the adjusting entries for the month of May. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) In addition to those accounts listed on the trial balance, the chart of accounts for Martin Consulting also contains the following accounts and account numbers: No. 150 Accumulated Depreciation-Equipment, 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. 800 of supplies have been used during the month. 2. Utilities expense incurred but not paid on May 31, 2025, 200. 3. The insurance policy is for 2 years. 4. 200 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. Martin Consulting has two employees, who are paid 900 each for a 5-day work week. 6. The office furniture has a 5-year life with no residual value. It is being depreciated at 210 per month for 60 months. 7. Invoices representing 1,800 of services performed during the month have not been recorded as of May 31 . Helen Martin started her own consulting firm, Martin Consulting, on May 1, 2025. The trial balance at May 31 is as follows. Depreciation Expense No. 717 Date Explanation 2025 May 31 Ref. 34 Credit Balance Insurance Expense Date Explanation 2025 May 31 Adjusting J4 J4 No. 722 Balance Salaries and Wages Expense No. 726 Date Explanation Ref. Debit Credit Balance 2025 May 31 Balance May 31 Adjusting J4 Rent Expense No. 729 Date Explanation Ref. Debit Credit Balance 2025 \begin{tabular}{|c|c|c|c|c|c|} \hline Account & ayable & & & & \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance \\ \hline 2025 & & & & & \\ \hline May 31 & Balance & & & & \\ \hline May 31 & Adjusting & 34 & & & \\ \hline Unearne & Service Reven & & & & \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance \\ \hline 2025 & & & & & \\ \hline May 31 & Balance & & & & \\ \hline May 31 & Adjusting & 34 & & & \\ \hline Salaries & Id Wages Paya & & & & \\ \hline Date & Explanation & Ref. & Debit & Credit & Balance \\ \hline 2025 & & & & & \\ \hline May 31 & Adjusting & J4 & & & \\ \hline \end{tabular}

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