Problem $2-7$A Preparing and posting journal entries; preparing a trial balance LO$3,4,5,6$CHECK FIGURE: $4.$ Total Dr$.=$ $$176,230$Elizabeth Wong has strong problem$-$solving skills and Loves to work with people. After becoming a Certified Human Resources Professional $($CHRP$)$ and working for several companies, she opened her own business, HRSolutions. She completed the following transactions during May $2023$:May$1191019222525313131$Invested $$78,000$ in cash and office equipment that had a fair value of $$51,000$ in the business.Prepaid $$15,300$ cash for three months' rent for an office.Made credit purchases of office equipment for $$25,500$ and office supplies for $$5,100.$Completed a report on hiring solutions for a client and collected $$8,300$ cash.Completed a $$16,300$ project implementing a training program for a client, who will pay within $30$ days.Paid half of the account payable created on May $2.$Paid $$7,800$ cash for the annual premium on an insurance policy.Received $$13,100$ as partial payment for the work completed on May $9.$Developed a performance review process for another client for $$5,580$ on credit.Paid wages for May totalling $$35,500$Withdrew S$5,300$ cash from the business to take a trip to Paris in June.Purchased $$1,750$ of additional office supplies on credit.Paid $$1,430$ for the month's utility bill. Make journal ledger for cash account