Julia Dumars is a licensed CPA. During the first month of operations of her business, Sheffield Corp., the following events and

transactions occurred.

May $1$ Stockholders invested $$20,200$ cash in exchange for common stock

$2$ Hired a secretary$-$receptionist at a salary of $$2,500$ per month.

$3$ Purchased $$1,800$ of supplies on account from Vincent Supply Company.

$7$ Paid office rent of $$880$ cash for the month.

$11$ Completed a tax assignment and billed client $$3,000$ for services performed.

$12$ Received $$3,300$ advance on a management consulting engagement

$17$ Received cash of $$1,100$ 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.Prepare a trial balance on May $31,2022.$

Sheffield Corp.

Trial balance

Debit

Credit

$

Totals

$