acctng.rtf - Kelly Pitney began her consulting business Kelly Consulting on April 1 2012 The chart of accounts for Kelly Consulting is shown below cash

acctng.rtf - Kelly Pitney began her consulting business...

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Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2012. The chart of accounts for Kelly Consulting is shown below: cash accounts receivable supplies prepaid rent prepaid insurance office equipment accumulated depreciation accoutns payable salaries payable unearned fees capital stock retained earningss dividends income summary fees earned salary expense rent expense supplies expense depreciation expense insurance expense miscellaneous expense -the post closing trial balance as of april April 30, 2012, is shown below: 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.) For a compound transaction, if an amount box does not require an entry, leave it blank.
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May 3: Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $3,000.
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  • Fall '16
  • 1981, 1986, Days of the year, 1961

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