2 (25 Marks) a. Pamper Me Salon Inc.'s general ledger at April 30, 2020, included the following: Cash $5,000; Supplies $500; Equipment $24,000; Accounts Payable $2,100; Bank Loan Payable $10,000; Unearned Revenue (from gift certificates) $1,000; Common Shares $5,000; and Retained Earnings $11,400. The following events and transactions occurred during May: Date 1st May 4th May 7th May 8th May 14th May 15th May 15th May 21st May Paid rent for the month of May, $1,000. Paid $1,100 of the account payable at April 30. Issued gift certificates for future services for $1,500 cash. Received $1,200 cash from customers for services performed. Paid $1,200 in salaries to employees. Received $800 in cash from customers for services performed. Customers receiving services worth $700 used gift certificates in payment. Paid the remaining accounts payable from April 30. 22nd May Received $1,000 in cash from customers for services performed. 22nd May 25th May Purchased supplies of $700 on account. All of these were used during the month. Received a bill for advertising for $500. This bill is due on June 13. 25th May Received and paid a utilities bill for $400. 29th May Received $1,700 in cash from customers for services performed. 29th May 31st May Customers receiving services worth $600 used gift certificates in payment. Interest of $50 was paid on the bank loan. 31st May Paid $1,200 in salaries to employees. 31st May Paid income tax installments for the month, $150. Instructions Using T accounts enter the beginning balances in the general ledger as at April 30. a. Journalize the May transactions. (5 Marks) b. Post the May journal entries to the general ledger. (5 Marks) c. Prepare a trial balance as at May 31. (5 Marks) d. Prepare an income statement, a statement of changes in equity, and a statement of financial position for May 31, 2020 (10 Marks)