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Prepare journal entries to record the June transactions inthe General Journal below.
General Journal
Date Description(Account Name) Debit Credit
1-Jun Cash $10,000
Accounts Receivable $1,500
Supplies $1,250
Office Equipement $7,500
DustinLarkin, Capital $20,250
1-Jun Pre-Paid Rent $4,500
Cash $4,500
2-Jun Prepaid Insurance $1,800
Cash $1,800
4-Jun Cash $3,000
Unearned Fees $3,000
5-Jun Office Equipment $1,800
AccountsPayable $1,800
6-Jun Cash $800
AccountsReceivable $800
10-Jun Miscellaneous Expense $120
Cash $120
12-Jun Accounts Payable $800
Cash $800
12-Jun Accounts Receivable $2,250
Fees Earned $2,250
14-Jun Salary Expense $400
Cash $400
17-Jun Cash $3,175
Fees Earned $3,175
18-Jun Supplies $750
Cash $750
20-Jun Accounts Receivable $1,100
Fees Earned $1,100
24-Jun Cash $1,850
Fees Earned $1,850
26-Jun Cash $1,600
Accounts Receivable $1,600
27-Jun Salaries expenses $400
Cash $400
29-Jun Miscellaneous expenses $130
Cash $130
30-Jun Miscellaneous expenses $200
Cash $200
30-Jun Cash $2,050
Fees earned $2,050
30-Jun AccountsReceivable $1,000
FeesEarned $1,000
30-Jun Dustin Larkin, Drawings $4,500
Cash $4,500
$52,475 $52,475
Note: Remember that Debits must equal Credits -All of your Journal Entries should balance.
Need help with problems below:

1.Please prepare the adjusting entries A-F
a. Insurance expired during Junes is $150
b.Supplies on hand on June 30 are $1,020
c. Depreciation of office equipment for June is $500
d. Accrued receptionist salart on June 30 is $120
e. Rent expired during June is $1,500
f. Unearned fees on June 30 are $2,000

2. Prepare an income statement, a statment of owners equity , and abalance sheet
3. Journalize and post the adjusting entries
4. Journalize and post the closing entries. (income summary isaccount #33 in the chart of accounts)
5. Prepare a post-closing trial balance



PLEASE GIVE ANSWER TO #"S 3, 4 and 5.


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Hubert Koch
Hubert KochLv2
28 Sep 2019

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What is the unadjusted trial balance of Kelly Consulting?

The journal entries:

May 3: Received cash from clients as an advance payment for services to be provided and recorded as unearned fees, $4,500.
Debit: Cash  $4500
Credit: Unearned Fees $4500
_____
May 5: Received cash from clients on account, $2,450.
Debit: Cash $2,450
Credit: Accounts Receivable $2,450
_____
May 9: Paid cash for a newspaper advertisement, $225.
Debit: Miscellaneous Expense $225
Credit: Cash  $225
_____
May 13: Paid Office Station Co. for part of the debt incurred on April 5, $640.
Debit: Accounts Payable  $640
Credit: Cash $640
_____
May 15: Recorded services provided on account for the period May 1–15, $9,180.
Debit: Accounts Receivable $9,180
Credit: Fees Earned $9,180
_____
May 16: Paid part-time receptionist for two weeks' salary including the amount owed on April 30, $750.
Debit: Salaries Expense $630
Debit: Salary Payable $120
Credit: Cash $750
_____
May 17: Recorded cash from cash clients for fees earned during the period May 1–16, $8,360.
Debit: Cash $8,360
Credit: Fees Earned $8,360
_____
May 20: Purchased supplies on account, $735.
Debit: Supplies  $735
Credit: Accounts Payable $735
_____
May 21: Recorded services provided on account for the period May 16–20, $4,820.
Debit: Accounts Receivable $4,820
Credit: Fees Earned $4,820
_____
May 25: Recorded cash from cash clients for fees earned for the period May 17–23, $7,900.
Debit: Cash $7,900
Credit: Fees Earned $7,900
_____
May 27: Received cash from clients on account, $9,520.
Debit: Cash $9,520
Credit: Accounts Receivable $9,520
_____
May 28: Paid part-time receptionist for two weeks' salary, $750.
Debit: Salaries Expense $750
Credit: Cash $750
_____
May 30: Paid telephone bill for May, $260.
Debit: Miscellaneous Expense $260
Credit: Cash $260
_____
May 31: Paid electricity bill for May, $810.
Debit: Miscellaneous Expense  $810
Credit: Cash  $810
_____
May 31: Recorded cash from cash clients for fees earned for the period May 26–31, $3,300.
Debit: Cash $3,300
Credit: Fees Earned $3,300
_____
May 31: Recorded services provided on account for the remainder of May, $2,650.
Debit: Accounts Receivable $2,650
Credit: Fees Earned $2,650
_____
May 31: Kelly withdrew $10,500 for personal use.
Debit: Kelly Pitney, Drawing $10,500
Credit: Cash $10,500

Please help, I'm trying to work out a very involved problem andI have to answer the following questions, using the data i providedat the bottom and then post to a ledger account.

1.Record the entry to close revenue earned to incomesummary.
2.Record the entry to close all expense accounts to incomesummary.
3.Record the entry to transfer net income earned in 2015 to theretained earnings account.
4.Record the entry to transfer dividends declared in 2015 to theretained earnings account.

Date General Journal Debit Credit
Dec.1 Cash 250,000
Capital stock 250,000
Dec.1 Rental equipment 220,800
Cash 132,000
Notes payable 88,800
Dec.1 Prepaid rent 11,400
Cash 11,400
Dec.4 Office supplies 1,800
Accounts payable 1,800
Dec.8 Cash 8,400
Unearned rental fees 8,400
Dec.12 Salaries expense 4,600
Cash 4,600
Dec.15 Cash 12,500
Accounts receivable 5,700
Rental fees earned 18,200
Dec.17 Maintenance expense 600
Accounts payable 600
Dec.23 Cash 2,700
Accounts receivable 2,700
Dec.26 No journal entry required
Dec.26 Salaries expense 4,600
Cash 4,600
Dec.27 Accounts payable 600
Cash 600
Dec.28 Dividends 2,500
Dividends payable 2,500
Dec.29 No journal entry required
Dec.29 Unexpired insurance 8,520
Cash 8,520
Dec.31 Utilities expense 600
Accounts payable 600
Dec.31 Cash 16,300
Accounts receivable 4,300
Rental fees earned 20,600

Dec.31Rent expense3,800Prepaid rent3,800

Dec.31Interest expense444Interest payable444

Dec.31Depreciation expense2,300Accumulated depreciation: rentalequipment2,300

Dec.31Office supplies expense1,200Office supplies1,200

Dec.31Unearned rental fees3,700Rental fees earned3,700

Dec.31Accounts receivable1,740Rental fees earned1,740

Dec.31Salaries expense1,300Salaries payable1,300

Dec.31Income taxes expenseIncome taxes payable

On December 31 adjusting entries for the following transactions.1. Fees accrued but not billed, $6,300. 2. The Supplies accountbalance on December 31, $4,750; Supplies on hand, $960. 3. Wagesaccrued but not paid, $2,700. 4. Depreciation of office equipment,$1,650. 5. Rent expired during year, $10,800.

CHARTOF ACCOUNTS
General Ledger
ASSETS
11 Cash
12 Accounts Receivable
13 Supplies
14 Prepaid Rent
16 Office Equipment
17 Accumulated Depreciation
LIABILITIES
21 Accounts Payable
22 Notes Payable
23 Unearned Revenues
24 Wages Payable
25 Interest Payable
EQUITY
31 Common Stock
32 Retained Earnings
33 Dividends
REVENUE
41 Fees Earned
EXPENSES
51 Advertising Expense
52 Insurance Expense
53 Interest Expense
54 Wages Expense
55 Supplies Expense
56 Utilities Expense
57 Depreciation Expense
58 Rent Expense
59 Miscellaneous Expense
CHARTOF ACCOUNTS
General Ledger
ASSETS
11 Cash
12 Accounts Receivable
13 Supplies
14 Prepaid Rent
16 Office Equipment
17 Accumulated Depreciation
LIABILITIES
21 Accounts Payable
22 Notes Payable
23 Unearned Revenues
24 Wages Payable
25 Interest Payable
EQUITY
31 Common Stock
32 Retained Earnings
33 Dividends
REVENUE
41 Fees Earned
EXPENSES
51 Advertising Expense
52 Insurance Expense
53 Interest Expense
54 Wages Expense
55 Supplies Expense
56 Utilities Expense
57 Depreciation Expense
58 Rent Expense
59 Miscellaneous Expense

X

General Journal

Prepare the December 31 adjusting entries for each transactions.Refer to the Chart of Accounts for exact wording of accounttitles.

PAGE 1

JOURNAL

DATE DESCRIPTION POST.REF. DEBIT CREDIT

1

2

3

4

5

6

7

8

9

10


need help with a general journal

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