Continuing Exercise This exercise continues the accounting process for Sensations Salon, Inc., from the Continuing Exercise in Chapter 2. Refer to the T-accounts and the trial balance that you prepared for Sensa- tions Salon, Inc., at May 31, 2018. Requirements 1. Open these additional T-accounts: Accumulated Depreciation, Equipment; Depre- ciation Expense, Equipment; and Supplies Expense. 2. A physical count shows $88 of supplies on hand at May 31, 2018. Depreciation of equipment for the month totals $53. Journalize any required adjusting journal entries and post to the T-accounts, identifying all items by date.