Problem 4-4: Listed below are the transactions for the Charlene Alston Hair Salon. ro June 1 Owner, Charlene Alston, invested $35,000 cash and beauty equipment valued at $20,000. 4 Paid 3 months' rent, $1,500. 10 Did hour show and earned $5,000. 13 Provided services to a social agency for children on account, $1,340. 20 Purchased beauty supplies, $650. Required 1. Open the following ledger accounts: Cash (101) Accounts Receivable (102) C. Alston, Capital (301) Beauty Supplies (106) Beauty Revenue (401) Prepaid Rent (108) Beauty Supplies Expense (506) Beauty Equipment (110) Rent Expense (508) Accumulated Depreciation, Beauty Equipment (111) Depreciation Expense, Beauty Equipment (510) 2. Journalize and post the transactions. 3. Prepare a trial balance. 4. Journalize and post the following adjustments. a. S500 of Prepaid Rent has been used. b. Beauty Supplies account balance is $200. c. Depreciation on beauty equipment is $3,000. 5. Prepare an adjusted trial balance. (12) engin SED) bing band