Emma Grace opened Java Queen, Inc. on May 1, 2021. During May, the following transactions were completed. May 1 1 1 3 5 12 15 20 25 31 21-31 31 Issued 10,000 shares of common stock for $10,000 cash. Borrowed $40,000 from Rhody Bank. Interest is payable annually each May 1. Principle is due in three years. The annual interest rate is 6%. Paid $12,000 in advance for 4 months of rent. Purchased equipment costing $8,000 in cash. Paid $2,400 cash on a 1-year insurance policy effective May 1. Paid $5,000 for caf supplies. Purchased $12,000 of food and beverage inventory on account. Grand Opening Day! Sold $4,000 of food and beverages costing $1,500. Paid for half of the inventory that was purchased on account. Paid $1,000 for the current month's utilities Sold $12,000 of food and beverage costing $4,500. Declared and paid $600 cash dividend. The chart of accounts for Java Queen, Inc. contains the following accounts: Cash, Supplies, Inventory, Prepaid Rent, Prepaid Insurance, Equipment, Accumulated Depreciation, Accounts Payable, Salaries and Wages Payable, Interest Payable, Notes Payable, Common Stock, Retained Earnings, Dividends, Sales Revenue, Cost of Goods Sold, Supplies Expense, Depreciation Expense, Rent Expense, Insurance Expense, Utilities Expense, and Salaries and Wages Expense. Step 1 - Journalize the May transactions (Excel Tab 1) Step 2 - Post to the general ledger accounts (T-Accounts) and determine unadjusted ending balances for each account (Excel Tab 2) Step 3 - Prepare an unadjusted trial balance at May 31. (Excel Tab 3)