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Account Number 101 112 126 130 149 201 209 301 400 726 729 Cash May 31, 2022 Accounts Receivable Supplies Prepaid Insurance Equipment. Accounts Payable Unearned Service Revenue Owner's Capital Service Revenue Salaries and Wages Expense Rent Expense Debit $4,700 6,000 2,300 4,800 11,400 3,500 1,500 Credit $4,500 2,100 20,000 7,600 $34,200 $34,200

May 31, 2022 \begin{tabular}{|c|c|c|c|} \hline Account Number & & Debit & Credit \\ \hline 101 & Cash & $4,700 & \\ \hline 112 & Accounts Receivable & 6,000 & \\ \hline 126 & Supplies & 2,300 & \\ \hline 130 & Prepaid Insurance & 4,800 & \\ \hline 149 & Equipment & 11,400 & \\ \hline 201 & Accounts Payable & & $4,500 \\ \hline 209 & Unearned Service Revenue & & 2,100 \\ \hline 301 & Owner's Capital & & 20,000 \\ \hline 400 & Service Revenue & & 7,600 \\ \hline 726 & Salaries and Wages Expense & 3,500 & \\ \hline 729 & Rent Expense & 1,500 & \\ \hline & & $34,200 & $34,200 \\ \hline \end{tabular} In addition to those accounts listed on the trial balance, the chart of accounts for King 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. $1,200 of supplies have been used during the month. 2. Utilities expense incurred but not paid on May 31, 2022, $200. 3. An insurance policy for 2 years was purchased on May 1 4. $400 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. King Consulting has two employees. who are paid $800 each foc a 5-day work week. 6. The office furniture has 25 -vear life with no salvage value. It is being depreciated at $190 per month for 60 months. 7. Invoices representins $1.900 of services performed during the month have not been recorded as of Mav 31. No. Date 1.May31 Ret. Debit Credit 2. May 126 3. 31May 732 201 722 130 4. May 209 5. Mar 726 212 6. May 717

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