Question $3(40$ marks$)$

Augusta Cleaning is owned by Maggie Augusta. A list of events for Augusta Cleaning for the month of May, Year $1,$ is below:

May $1$ Maggie invested $$10,000$ cash and equipment valued at $$25,000$ into the business.

$3$ Purchased $$5,500$ of equipment on account.

$3$ Purchased supplies and furniture on account, $$500$ and $$2,600.$

$5$ Purchased $$400$ of supplies for cash.

$10$ Bought a truck, paying $$4,000$ in cash and signing a note for $$11,000.$

$11$ Billed a client $$800$ for work done.

$14$ Performed services for a customer for $$1,850$ cash.

$15$ Paid employee wages of $$1,200.$

$16$ Paid for the May $3$ furniture purchased on account.

$17$ Received and paid the phone bill, $$110.$

$18$ Received a partial payment from a client on account, $$400.$

$18$ Paid $$2,000$ on the equipment purchased on May $3.$

$22$ Received and paid the internet bill, $$130.$

$24$ Performed services for a customer on account, $$2,500.$

$27$ Collected $$500$ from the customer of May $24.$

$30$ Maggie withdrew $$900$ cash for personal use.

Required

A$.$ Prepare journal entries for these events. Use the journal format exactly as specified in the Assignment Overview and Submission Guidelines.

B$.$ Post the journal entries to ledger accounts.

C$.$ Prepare a trial balance for May $31.$