Bell Company's records showed the following April 31, 2014, amount balances:

1. Using the chart of accounts numbering system, assign an account number to each account.
2. Record the May 2014 transactions directly in the T-accounts provided:
May 2 Dee Bell transferred her personal car valued at $8,000 into the business.
10 Did $4,000 of work for a customer on account.
12 Collected $10,000 from a customer for work to be done in July 2014.
15 Paid wages of $6,000.
16 Collected $4,000 from the customer of May 10.
22 Paid half of the outstanding accounts payable.
3. Calculate the May 31, 2014, balance in each T-account and prove the accounting equation