ACT300 Portfolio Project: Kelly Consulting Practice Set
ACT300 Portfolio Project: Kelly Consulting Practice Set You are given the following information: • Post closing trial balance for April 30, 2008 • Transactions for the month of May 2008 • Adjustments for May 31,2008 • Insurance was purchased for a one‐year period, starting on March 1, 2008. • Rent was prepaid on January 1, 2008, for a one‐year period, starting on January 1. • Office equipment has a 5 year life, with a 2,500 salvage value. • A supplies inventory count shows an ending balance of $1,235. • Assume that the receptionist works 5 days a week, an...