1. Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $22,500 cash. After those seven transactions, the ledger included the following accounts with normal balances. Cash $ 42,898 Office supplies 830 Prepaid insurance 5,400 Office equipment 10,500 Accounts payable 10,500 Y. Min, Capital 22,500 Y. Min, Withdrawals 3,332 Engineering fees earned 37,000 Rent expense 7,040 Required: 1. Prepare a trial balance for this business as of the end of May.

Required information (The following information applies to the questions displayed below.) Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $22,500 cash. After those seven transactions, the ledger included the following accounts with normal balances. Cash Office supplies Prepaid insurance office equipment Accounts payable Y. Min, Capital Y. Min, Withdrawals Engineering fees earned Rent expense $ 42,898 830 5,400 10,500 10,500 22,500 3,332 37,000 7,040 1. Prepare a trial balance for this business as of the end of May. MIN ENGINEERING Trial Balance May 31 Debit Credit Totals