may 1, 2017

A) Journalize the transactions.

B) Post to the ledger accounts.

C) Prepare a trial balance on May 31, 2017.

Lena Fohn is a licensed accountant. During the first month of operations of her business, Oriole Company, the following events and transactions occurred. May 1 Shareholders invested 22,881 cash in exchange for ordinary shares 2 Hired a secretary-receptionist at a salary of 3,933 per month 3 Purchased 2,600 of supplies on account from Hartig Supply Company. 7 Paid office rent of 835 cash for the month 11 Completed a tax assignment and billed client 2,077 for services provided 12 Received 3,103 advance on a management consulting engagement. 17 Received cash of 1,299 for services performed for Lucille Co. 31 Paid secretary-receptionist 3,933 salary for the month 31 Paid 50% of balance due Hartig Supply Company