Robert has recently decided to open his new business of retail of products for pet care in a store located in the center of Barcelona. During the month of May 2021, Roberts new company 4PETS, Ltd. realized the following transaction:

 

3 of May: 4PETS, Ltd. issued to Robert 200,000 shares in exchange of $200,000 of share capital

3th of May: 4PETS, Ltd purchased a shop next to the cathedral for $300,000. The price of the land is $150,000. Robert paid $80,000 in cash and issued a note payable for the remaining part.

4th of May: 4PETS, Ltd purchased furniture to FURNITURES4ALL, Inc. for $35,000. 4PETS, Ltd paid $20,000 in cash, the remaining $15,000 will have to be paid the 29th of May.

5th of May: 4PETS, Ltd purchased merchandises on account to ALLANIMALS, Inc for $53,000

6th of May: 4PETS, Ltd makes some installations in the shop for $8,500 paid in cash

7th of May: 4PETS, Ltd hires one employee with a salary $1,500/ month. Salaries are paid on the following day 2 of each month.

16 of May, 4PETS, Ltd purchases merchandises to DRESS BETTER; Lt. on account for $20,000.

19 of May, the company pays the invoice to ALLANIMALS, Inc

22 of May, 4PETS, Ltd receives an electricity bill for $600 payable in June

29 of May, 4PETS, Ltd pays the account payable toFURNITURES4ALL, Inc

29 of May: 4PETS, Ltd records the sales of the month of May that amount to $87,000. All sales have been paid in cash.

1. Prepare an unadjusted trial balance at May 30.