Analyzing account balances and reconhsetprhue cting transactions Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of \($18,000\) cash. After these transactions, the ‘ : é : Analyzing account balances and ledger included the following accounts with normal balances.

Required 

1. Prepare a trial balance for this company dated May 31, 2007.
2. Prepare a balance sheet for this company dated May 31, 2007. (Its May 31 Capital account balance is \($43,131.\)

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Cash Office supplies Prepaid insurance $37,641 890 4,600 Office equipment 12,900 Accounts payable 12,900 Y. Min, Capital (May 1) 18.000 Y. Min, Withdrawals 3,329 Engineering fees earned 36,000 Rent expense 7,540