part c is the question

Question 1 Cullumber Incos general ledger at April 30, 2018, included the following: Cash $4,500; Supplies $400; Equipment $23,600; Accounts Payable $1,900; Unearned Revenue (from gift certificates) $900; Bank Loan Payable $9,300; Common Shares $4,800; and Retained Earnings $11,600. The following transactions occurred during May: Mey 1 Paid rent for the month of May, $900. * Paid $1,000 of the account payable outstanding at April 30. Issued gift certificates for future services for $1,300 cash. 15 Received $2,200 from customers for services performed to date. 15 Paid $1,300 in salaries to employees. 17 Customers receiving services worth $800 used gift certificates in payment. 18 Paid the remaining accounts payable from April 30. 22 Purchased supplies of $800 on account. 24 Received a bill for advertising for $400. This bill is due on June 22. 25 Received and paid a utilities bill for $300. 28 Received $2,300 from customers for services performed. 22 Customers receiving services worth $600 used gift certificates in payment. 30 Interest of $50 was paid on the bank loan. 31 Paid $1,100 in salaries to employees. 31 Paid income tax instalment for the month, $150. (a) Your answer is correct. Journalize the May transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Account Totes and Explanation May 1 Rent Expense Cash 5900 May 4 - Accounts Payable 51.000 $1,000 May 7 Cash Unearned Revenue $1,300 May 15 Cash $2.200 Service Revenue (Torced cash rived from May 15 salaries Expense $1.500 Your answer is correct. Journalize the May transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Accents and up May 1 Rent Expense 5900 SO May 4 Accounts Payable $1,000 $1,000 May 7 Cash $1,300 Unearned Revenue 5.30 May 15 Cash 52,200 Service Revenue (Tomcash received from customer May 15 salaries Expense Cash Toyment of May 17 uneared Revenue $800 Service Revenue SO May 18 Accounts Payable May 22 Supplies Accounts Payable May 24 Advertising Expense Accounts Payable SO May 25 Juilities Expense 5300 May 28 Cash $2,300 Service Revenue May 29" Unearned Revenue Service Revenue SOC May 30 interest Expense $50 May 31 Salaries Expense $1,100 Achies and Explanation Credit May 1" Rent Expense 5900 Cash $900 May 4 Accounts Payable $1,000 $1,000 May 7 Cash $1,300 Uneamed Revenue $1,300 May 15 Cash $2,200 $2,200 Service Revenue To record cash received from com Salaries Expense May 15 $1,300 $1.300 Cash (Te record payment of salaries) May 17 unearned Revenue $800 Service Revenue $800 May 18 Accounts Payable $900 Cash 5900 May 22 Supplies $800 Accounts Payable $800 May 24 Advertising Expense 5400 Accounts Payable $400 May 25 Utilities Expense $300 Cash $300 May 20 $2,300 Service Revenge $2,300 May 29 Uneared Revenue $600 Service Revenue $600 May 30 Ninterest Expense $50 $50 May 31 Salaries Expense $1,100 $1,100 Cash To record payment of May 31 income Tax Expense $150 $150 Cash To record payment of income) (b) Your answer is correct. Using T accounts, enter the beginning balances in the general ledger as at April 30 and post the May journal entries to the general ledger. (Post entries in the order presented in the problem.) Cash ADE 30 54,500 May 1 May 51,300 May May 15 52.200 May 15 $2,300 May 18 May 25 May 50 May 31 51.100 May 31 54,600 Supplies ADE 30 5400 May 22 $300 $1,200 Equipment $23,600 $23,600 Accounts Payable May $1.000 May 18 $900 May 22 May Unearned Revenue May 13 5800 || ADC 30 May 29 5600 51. Bank Loan Payable $9.30 Common Shares 14.30 Retained Earnings Unearned Revenue May 17 500 5900 May 29 $1300 $800 Bank Loan Payable Common Shares 54.300 s Retained Earnings Service Revenue May 15 $2.200 May 1 SO May 28 May 29 3600 $5.900 Salaries Expense May 15 May 31 $1,100 Bal Rent Expense Advertising Expense May 24 $400 5400 Utilities Expense $300 May 25 Interest Expense May 550 Bal. 550 Income Tax Expense $150 May 31 $150 Prepare a trial balance as at May 31. CULLUMBER INC. Trial Balance Debit Credit Totals