Lawlor Lawn Service completed the following transactions during May:
May 1 Received $1,700 and gave capital to Lawlor. Opened bank account titled Lawlor Lawn Service.
3 Purchased on account a mower, $1,200, and weed whacker, $240. The equipment is
expected to remain in service for four years.
5 Purchased $30 of gas. Wrote check #1 from the new bank account.
6 Performed lawn services for client on account, $150.
8 Purchased $150 of fertilizer supplies from the lawn store that will be used on future jobs. Wrote check #2 from the new bank account.
17 Completed landscaping job for client, received cash $800.
31 Received $100 on account from May 6 sale.

Requirements
1. Open T-accounts: Cash; Accounts receivable; Lawn supplies; Equipment; Accounts payable; Lawlor, capital; Lawlor, drawing; Service revenue; and Fuel expense.
2. Journalize the transactions. Explanations are not required.
3. Post to the T-accounts. Key all items by date, and denote an account balance as Bal. Formal posting references are not required.
4. Prepare a trial balance at May 31, 2012.