1. Prepare joumal entries to record each of the events listed. Provide relevant descriptions for each joumal entry in good form; sisp a line between entrles. 2. Post Journal Entries to the Ceneral Ledger 3. Prepare a trial balance as of May 31, 2017. Home Services was formed on May 1, 2017. The following transactions took place during the first month. 2. May 1 - Signed a 2 -year rental agreement on a warehouse; pald $36,000 cash in advance for the first year. 3. May 1. Purchased equipment costing $36,000. A cash payment of $12,000 was made immedlately; the remainder will be pald in 60 days. 4. May 1 - Pald $1,500 cash for a one-year insurance polloy on the equipment. 5. May 2 - Purchased basic office supplies for $400cash. 6. May 3 - Purchased office supplies from Office Depot for $1,600 on account. 8. May 13 - Paid $600 to Office Depot for supplies purchased on account on May 3. 9. May 18 - $16,000 of services were performed for B. Jones on account. 10. May 31 - Received May utility bill in the amount of $400, to be paid next month. 11. May 31 - Paid the monthly salaries of the two employees, totalling $7,600. 12. May 31 - Received $6,000 from B. Jones on account. Fint - have ted Commen Slock. BenT-Peos5att Senke Rewnue Selartes and Wases Expense No. Tras \begin{tabular}{|c|c|c|c|c|c|c|} \hline Dote & Explangibon & Ret & Deb & Cred & Balunce \\ \hline \end{tabular} Rent Exoense Na. 789 UBity Freperesten No. 700 \begin{tabular}{|c|c|c|c|c|c|c|} \hline Date & Explanation & Rel & Bubt & Crad & Balance \\ \hline & & & & & \\ \hline \end{tabular}