Comprehensive Problem 1 . Part 2 and Part 3 : The folsowing is a comprehensive problem which encompasses all of the elements leamed in previous chapters. You can refer to the objectives for esci chipter covered a review of the concepts. Note: You must complete part 1 before completing parts 2 and 3 , Part 2: Using the attached spreadsheet, post the foumal entries from part 1 to a ledger of four-column accounts. Part 31 Prepare an unadjusted trial balance. If an amount box does not reciire an entry, leave it blank.
May 5: Recelved cash from clients on account, \( \$ 2,450 \). May 9: Paid cash for a newspaper advertisement, \( \$ 225 \). May 13: Paid Office Station Co. for part of the debt incurred on April 5, \( \$ 640 \). May 15: Recorded services provided on account for the period May \( 1-15, \$ 9,180 \).
May 16: Paid part-time receptionist for two weeks' salary including the amount owed on April \( 30, \$ 75 \) May 17: Recorded cash from cash clients for fees earnéd during the period May \( 1-16, \$ 8,360 \). May 20: Purchased supplies on account, \( \$ 735 \). May 21: Recorded services provided on account for the period May \( 16-20, \$ 4,820 \).
May 27: Received cash from clients on account, \( \$ 9,520 \). May 28: Paid part-time receptionist for two weeks' salary, \( \$ 750 \). May 30: Paid telephone bill for May, \( \$ 260 \). May 31: Paid electricity bill for May, \( \$ 810 \).
May 31: Recorded cash from cash clients for fees earned for the period May \( 26-31, \$ 3,300 \). May 31: Recorded services provided on account for the remainder of May, \( \$ 2,650 \). May 31: Paid dividends, \( \$ 10,500 \).