Julia Dumars is a licensed CPA, During the first month of operations of her business, Skysong, Inc., the following events and transactions occured.

Julia Dumars is a licensed CPA. During the first month of operations of her business, Skysong, Inc., the following events and transactions occurred. May 1 Stockholders invested $22,300 cash in exchange for common stock. 2 Hired a secretary-receptionist at a salary of $2,500 per month. 3 Purchased $1,600 of supplies on account from Vincent Supply Company. 7 Paid office rent of $750 cash for the month. 11 Completed a tax assignment and billed client $2,100 for services performed. 12 Received $2,900 advance on a management consulting engagement. 17 Received cash of $1,500 for services performed for Orville Co. 31 Paid secretary-receptionist $2,500 salary for the month. 31 Paid 40% of balance due Vincent Supply Company. Julia uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 311 Common Stock, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) No. 101 \begin{tabular}{ll|l|} May 17 & 31 & \\ \hline May 31 & 31 & \\ \hline May 31 & 31 & \\ \hline \end{tabular} \begin{tabular}{l} Accounts Receivable \\ Date Explanation Ref \\ \hline \end{tabular} No. 112 No. 126 No. 201 No. 311 No. 209 No. 311 Rent Expense No. 729 \begin{tabular}{lccc} Date Explanation Ref. & Debit \\ \hline & J1 & \\ \hline \end{tabular}