The transactions for Learning Fun Daycare, Inc. for the month of May 2013 are posted in the following T-accounts.

Requirements
1. Calculate account balances.
2. Prepare the trial balance for Learning Fun Daycare, Inc. at May 31, 2013.

Cash 1010 Equipment 1040 Service Revenue 4010 May 1 45,000 May 4 12,700My4 12.700 May 6 7,500 17 3,600 6 7,500 23 90029 1,100 9 200 Ba Bal Accounts Payable 2010 May 9 200 May 2 700 Bal Salary Expense 5010 Accounts Receivable 1020 May 29 1,100 Bal Bal May 17 3,600 May 23 900 Bal Common Shares 3010 May 1 45,000 Bal Supplies 700 1030 May 2 Bal