Kelly consulting post-closing trial balance may 31 20y8.

Aug 24, 2023 · The post-closing trial balance for Kelly Consulting as of May 31, 20Y8, shows no debit balances and credit balances in the respective accounts. **Explanation:** The post-closing trial balance is a list of accounts and their balances after all closing entries have been made at the end of an accounting period. 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 ... Kelly Consulting Post-Closing Trial Balance May 31, 2048 Account Title Debit Balances Credit Balances Cash 44,195 Accounts Receivable 8,080 Supplies 715 Prepaid Rent 1,600 Prepaid Insurance 1,225 Office Equipment 24,500 Accumulated Depreciation Accounts Payable 895 Salaries Payable 325 Unearned Fees 3,210 660 Common Stock 30,000 Retained Earnings Depredation Expense 55 Insurance Expense 59 Miscellaneous Expense The post-closing trial balance as of April 30, 20 Y, is shown below: Kelly ... Equipment 12 3, 400 Accumulated Depreciation 14 Accounts Payable Salaries Payable 22 330 800 Journalize each of the May transections using Kelly Consulting's chart of accounts. (Do not insert …Step 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, 20Y8. The chart of accounts for Kelly Consulting is shown below: 11 ...

Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y5. The accounting cycle for Kelly Consulting for April, including financial statements, was illustrated in this chapter. During May, Kelly Consulting entered into transactions. In Part 1 of this problem, the accounting cycle was completed up through the preparation of ...Here’s the best way to solve it. Kelly Consulting Income Statement For the Month of May 31, 2018 Revenues Fees earned 40,000 Expenses: Salaries expense 1,705 Rent expense 1,600 Supply expense 1,370 Depreciation expense 330 …. Kelly Consulting Adjusted trial balance Debit credit Account Cash 44195 accounts receivable 8080 715 Supplies ...

Prepare a post-closing trial balance. If an amount box does not require an entry, leave it blank. ... Unformatted text preview: May 31, ... Kelly Consulting. part 01 ...

Kelly Consulting Statement of Stockholders' Equity For the Month Ended May 31, 2048 Common Stock Retained Earnings Total Balances, May 1, 20Y8 0 X 42,300 ox Net Income 0 x 33,425 x 10,500 Dividends May 31, 2018 7 65,225 Prepare a balance sheet. Kelly Consulting Balance Sheet May 31, 2048 Current liabilities: Accounts payable M 95 895 80 ... Kelly Consulting Adjusted Trial Balance Mary 31, 2018 Account Title Debit Balances Credit Balances Not the question you’re looking for? Post any question and get expert help quickly. Kelly Consulting Unadjusted Trial Balance May 31, 20Y5. Account title Debit: Credit: Cash: $44,195 Accounts receivable: $8,080 Supplies $2,085 Prepaid rent: $3,200 Prepaid insurance: $1,500 Office equipment: $14,500 Accumulated depreciation $330: Accounts payable $895: Salaries payable $0: Unearned fees $7,000Another great closing salutation is, “The magic of Christmas never ends and its greatest of gifts are family and friends. The Christmas card tradition first originated in the U.K. ...Kelly Consulting Post-Closing Trial Balance. April 30, 20Y8 Account No. Debit Credit Cash. 11 22,100 Accounts Receivable ... Show more. ... Show more.

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The process of preparing the post-closing trial balance is the same as you have done when preparing the unadjusted trial balance and adjusted trial balance. Only permanent account balances should appear on the post-closing trial balance. These balances in post-closing T-accounts are transferred over to either the debit or credit column on the ...

Depreciation of office equipment for May is $330. • Accrued receptionist salary on May 31 is $325. • Rent expired during May is $1,600. • Unearned fees on May 31 are $3,210. 8. If you completed the end-of-period work sheet in Part 1, use the adjusted trial balance figures to prepare a statement of owner’s equity.Question: Kelly Pitney began her consulting business, Kelly Consulting, on April 1,20Y8. The chart of accounts for Kelly Consulting is shown below: 11 Cash 12 Accounts Receivable 14 Supplies 15 Prepaid Rent 16 Prepaid Insurance 18 Office Equipment 19 Accumulated Depreciation 21 Accounts Payable 22 Salaries Payable 23 … Accounting questions and answers. The following is a comprehensive problem which encompasses all of the elements learned in prev Prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Adjusted Trial Balance May 31, 2018 Account Tisne Accounts Payable Accumulated Depreciation. Prepare a post-closing trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Post-Closing Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6 fill in the blank 8 fill in the blank 9 fill in the blank 11 fill ...Kelly Consulting Adjusted Trial Balance May 31, 20Y8 Debit Balances Credit Balances Account Title Cash Accounts Receivable Supplies 44,195 8,080 715 1,600 1,225 14,500 Prepaid Rent Prepaid Insurance Office Equipment Accumulated Depreciation 660 Accounts Payable 895 Salaries Payable 325 3,210 Unearned Fees Common Stock 42,300 Retained Earnings ...

31: Common Stock The post-closing trial balance as of April 30, 20Y8, is shown below: 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.Kelly Pitney began her consulting business, Kelly Consulting, on April 1,20Y8. The chart of accounts for Kelly Consulting is shown below: 11 Cash 12 Accounts Receivable 14 Supplies 15 Prepaid Rent 16 Prepaid Insurance 18 Office Equipment 19 Accumulated Depreciation 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees 31 Common Stock 32 Retained Earnings 33 Dividends 41 Fees Earned 51 ...Intellia engages remote talent from emerging markets which can now (because of the acceptance of remote working, post-pandemic) participate in much higher value roles in finance, s... Question: NEED HELP Please! i have to make sure im 100% right. Part 3 is weird because it doesnt give me the option for most correct answers Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 Account No. Debit Credit Cash 11 22,100 Accounts Receivable 12 3,400 Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 Account No. Debit Credit Cash 11 22,100 Accounts Receivable 12 3,400. Need Help! Using the attached spreadsheet, post the journal entries from part 1 to a ledger of four-column accounts. The entries in the ledgers will not grade or mark correct or incorrect. Kelly Consulting Adjusted Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances Cash fill in the blank 2 fill in the blank 3 Accounts Receivable fill in the blank 5 fill in the blank 6 Supplies fill in the blank 8 fill in the blank 9 Prepaid Rent fill in the blank 11 fill in the blank 12 Prepaid Insurance fill in the blank 14 fill in the blank 15 Office Equipment fill in the ...

31. Paid dividends $10,500 Instructions 1 . The chart of accounts foe Kelly Consulting is shown us Exhibit 9. and the post-closing trial balance as of April 30, 20Y8, is shown in Exhibit 17. for each account in the post-closing trial balance, enter the balance in the appropriate Balance column of a four-column account.

Kelly Consulting Unadjusted Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances Accounts Payable Accumulated Depreciation Cash …Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 Account. Need Help with Part 2 & 3 PLZ! 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 Post-Closing Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances 44,195 8,080 715 1,600 1,225 14,500During May, Kelly Consulting entered into the following transactions: May 3. Received cash from clients as an advance payment for services to be provided and. ... and the post-closing trial balance as of April 30, 2019, is shown in Exhibit 17. ... Accrued receptionist salary on May 31 is $325. e. Rent expired during May is $1,600. f. Unearned ...Kelly Consulting Income Statement For the Month Ended May 31, 20Y8 Fees earned $40000.00 Expenses: Salary expense $1705.00 Rent expense 1600.00 Supplies expense 1370.00 Depreciation expense 330.00 Insurance expense 275.00 Miscellaneous expense 1295.00 Total expenses-6575.00 Net income $33425.00 Prepare a statement of stockholders' equity. If an ...Depredation Expense 55 Insurance Expense 59 Miscellaneous Expense The post-closing trial balance as of April 30, 20 Y, is shown below: Kelly ... Equipment 12 3, 400 Accumulated Depreciation 14 Accounts Payable Salaries Payable 22 330 800 Journalize each of the May transections using Kelly Consulting's chart of accounts. (Do not insert …Step-by-step explanation. Step 1: Journalize the transactions for the month of May. Step 2: Adjust the beginning balances as of April 30. Receipts are the total debits, while payments are the total credits. Fees earned are the total debits, while collections are the total credits. Payments are the total debits, while purchases on account are ...Kelly Consulting Income Statement For the Month Ended May 31, 20Y8 Expenses: $ 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.Salaries Payable 23 Unearned Fees 31 Common Stock 32 Retained Earnings 33 Dividends 41 Fees Earned 51 Salary Expense 52 Rent Expense 53 Supplies Expense 54 Depreciation Expense 55 Insurance Expense 59 Miscellaneous Expense The post-closing trial balance as of April 30, 20 Y 8, Is shown below: Joumalize each of the May …

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Kelly withdrew $10,500 for personal use. The chart of accounts for Kelly Consulting is shown on page 164, and the post-closing trial balance as of April 30, 2014, is shown on page 171. For each account in the post-closing trial balance, enter the balance in the appropriate Balance column of a four-column account.

Kelly Consulting Unadjusted Trial Balance May 31, 2018 Debit Balances Credit Balances Account Title Cash 44,195 Accounts Receivable 8,080 Supplies 2,085 3,200 Prepaid Rent Prepaid Insurance Office Equipment 1,500 14,500 Accumulated Depreciation 330 Accounts Payable 895 Salaries Payable Unearned Fees 7,000 Common Stock 42,300 Retained Earnings ...The other day someone asked me if I had ever tried paddle boarding. I laughed to myself as I pictured what it would be like to try to stand my... Edit Your Post Published by Jenni ...Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y8. The chart of accounts for Kelly Consulting is shown below: The post-dosing trial balance as of April 30, 20r8, is ahomn below: May 31: Paid electricity bill for May, $810. May 31: Recorded cash from cash clients for fees earned for the period May 26−31,$3,300.Here’s the best way to solve it. Retained earnings balance on May 31 = Total - Common stock = 65,225 - 30,000 = $35, 225 D …. 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 ...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, 20Y8. The chart of accounts for Kelly Consulting is shown below: 11. Cash. 32.Date Post. Ref. Debit Credit Account Name 20YB Closing Entries May 311 May 31 11 The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. ... 10. Part 5 is optional Prepare a post-closing trial balance. If an amount box does not require an entry, leave it blank Kelly Consulting Post-Closing ...Kelly Consulting POST-CLOSING TRIAL BALANCE April 30, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 22,100.00 2 Accounts Receivable 3,400.00 3 Supplies 1,350.00 4 Prepaid Rent 3,200.00 5 Prepaid Insurance 1,500.00 6 Office Equipment 14,500.00 7 Accumulated Depreciation 330.00 8 Accounts Payable 800.00 9 …Kelly Consulting Post-Closing Trial Balance. April 30, 20Y8 Account No. Debit Credit Cash. 11 22,100 Accounts Receivable ... Show more. ... Show more.The chart of accounts for Kelly Consulting is shown below: The post-closing trial balance as of April 30, 2014, is shown below: 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.)

Question: 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. Part 4: At the end of May, the following adjustment data were assembled. Analyze and use these data to complete parts (5) and (6). a.The Insider Trading Activity of KELLEY BYRON R on Markets Insider. Indices Commodities Currencies StocksPrepare a post-closing trial; This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. ... Part 5 is optional. Prepare a post-closing trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Post-Closing Trial Balance May 31, 2048 Account ...Date Account Name Post. Ref. Debit 20Y8 Credit Closing Entries May 31 Fees Earned 41 40,000 Salary Expense 51 0 1,705 Accounts Payable 52 0 1,600 Accounts Receivable 53 0 1,370 Cash se 54 0 330 Fees Earned 55 0 275 Retained Earnings Inse 59 O 1,295 31 0 33,425 31 10,500 May 31 32 0 10,500 Previous Next Check My Work 3 more Check My Work uses ...Instagram:https://instagram. the misery machine gabriel kuhn and daniel petry The post-closing trial balance as of April 30, 20Y8, is shown below: Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 ... May 31: Recorded cash from ... joann fabrics germantown tn Get four FREE subscriptions included with Chegg Study or Chegg Study Pack, and keep your school days running smoothly. 1. ^ Chegg survey fielded between Sept. 24–Oct 12, 2023 among a random sample of U.S. customers who used Chegg Study or Chegg Study Pack in Q2 2023 and Q3 2023. Respondent base (n=611) among approximately 837K …Date Account Name Post. Ref. Debit Credit 2048 Closing Entries May 31 Fees Earned Salary Expense < Rent Expense Supplies Expense Depreciation Expense Insurance Expense Miscellaneous Expense Retained Earnings May 31 Deureciation Expense Comprehensive Problem 1 Part 1: The following is a comprehensive problem which … accident on 131 near kalkaska Kelly Consulting Post-Closing Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances 44,195 8,080 715 1,600 1,225 14,500 gas stations ocala florida 5-2 Problem Set-Chapters 9 & 10. 3-2 Problem Set-Chapters 5 & 6. 5-2 milestone two. Comprehensive Problems Parts 8-10. Kolb, Carolyn Comprenhesive Problems 1-3. Module 8 Problem Set. comprehensive problem: parts comprehensive problem part the following is comprehensive problem which encompasses all of the elements learned in previous. foss audio and tint tacoma If an amount box does not require an entry, leave it blank. Kelly Consulting Post-Closing Trial Balance May 31, 2018 Account Title Debit Balances Credit Balances Cash Accounts Receivable Supplies Prepaid Rent Prepaid Insurance Office Equipment Accumulated Depreciation Accounts Payable Salaries Payable Unearned Fees Common Stock Retained EarningsThe post-closing trial balance as of April 30, 20Y8, is shown below: Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 ... May 31: Recorded cash from ... drops for pink eye walgreens Get four FREE subscriptions included with Chegg Study or Chegg Study Pack, and keep your school days running smoothly. 1. ^ Chegg survey fielded between Sept. 24–Oct 12, 2023 among a random sample of U.S. customers who used Chegg Study or Chegg Study Pack in Q2 2023 and Q3 2023. Respondent base (n=611) among approximately 837K … maplewood ave maplewood nj 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 Account Title Debit 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, 20Y8. 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 ... eben dobson Question. Submitted by Jamie E., Feb. 08, 2023, 02:19 p.m. The post-closing trial balance as of April 30, 20Y8, is shown below: Kelly Consulting. Post … stone axe head identification 9. Prepare a statement of cash flows for Kelly Consulting for the month ended May 31, 20 Y8. 10. Prepare and post the closing entries. Record the closing entries on Page 8 of the journal. Indicate closed accounts by inserting a line in both the Balance columns opposite the closing entry. 11. Prepare a post-closing trial balance. rachel herzog wday Prepare a post-closing trial balance. If an amount box does not require an entry, leave it blank. ... Kelly Consulting Post-Closing Trial Balance May 31, 20Y8 ... ati peds proctored exam 2023 31: Common Stock The post-closing trial balance as of April 30, 20Y8, is shown below: 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.What would the income statement, statement of owner's equity, classified balance sheet, closing entries, and post-closing trial balance all look like? The December 31, 2021, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2021) follows.