Question: Hello I need help. My question is: The p. Woodsley, capital account balance: A)didn't change during the month of May and has $5,256.82 credit balance.
Hello I need help. My question is: The p. Woodsley, capital account balance: A)didn't change during the month of May and has $5,256.82 credit balance. B)has a $5,265.82 debit balance. C)has a $4,256.82 debit balance. D)increased $1,000 during the month of May. Please give me correct answer and step by step solution. Thank you.

(H) 5/17-Paid $430.00 cash to owner for personal use (check111). Account Classification Increase Decrease Debit Credit (1 5/18-Paid cash of $100.00 for cleaning the office (check112). Account Classification Increase Decrease Debit Paid $20.00 in cash for office cleaning. Credit Account Classification Increase Decrease Debit Off. Clean. Expense (3) 5/23-Paid $253.00 cash to the Daily News newspaper for advertising Credit Cash Asset (check113). Account Classification Increase Decrease (A) 5/8-Paid telephone bill of $154.32 with cash (check 106). Debit Account Classification Increase Decrease Credit Debit Credit (B) 5/9-Paid $15,00 in cash for office cleaning (check 107). Account Classification Increase Decrease Debit Credit (C) 5/10-Received cash for weekly Fees Earned of $1,532.94 (tape 1). Opening Balances Account Classification Increase Decrease Debit Debt Credit Credit (D) 5/11-Made $500.00 payment to Bellhaven Bank, (check 108) Cash: $3013.90 A/P Bellhaven Bank: $4,000.00 Account Classification Increase Decrease Debit Prepaid insurance: $500.00 Credit A/P Taylor Investment: $3, 700.00 (E) 5/14-Paid cash of $1,000.00 for rent for month of May (check 109). Equipment Store: $8,000.00 A/P J.C Holdings, Inc: $690.00 Account Classification Increase Decrease Debit Equipment Office: $5,090.00 * Credit A/P Craft Bank: $3,500.00 (F) 5/15-Received cash of $1,385.03 for weekly Fees Earned (tape 2) Supplies: $542.92 P.Woodsley, Capital: $5,256.82 Account sification Increase Decrease Debit Credit (G) 5/16-Paid $15.93 in cash for auto repairs (check 110) Decrease Debit Account Classification Credit
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