Problem 2-2A (Part Level Submission) Julia Dumars is a licensed CPA. During the first month of operations of her business, Metlock, Inc., the following events and transactions occurred May 1 Stockholders invested $21,000 cash in exchange for common stock. 2 Hired a secretary-receptionist at a salary of $3,000 per month. 3 Purchased $2,200 of supplies on account from Vincent Supply Company 7 Paid office rent of $890 cash for the month. 11 Completed a tax assignment and billed client $2,900 far services performed. 12 Received $3,400 advance on a management consulting engagement. 17 Received cash of $1,000 for services performed for Orville Co. 31 Paid secretary-receptionist $3,000 salary for the month. 31 Paid 40% of balance due vincent Supply Company. Julia Dumars 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