Classwork $2$

Hanna Haki did the following activities in setting up her salon and spa, the Oasis Spa: On May

$2022.$

$1.$ Opened a bank account in the name of the Oasis Spa and deposited $$20,000$ of her own

money in this account as her initial investment. $($May $1)$

$2.$ Purchased different supplies for massage in cash $$1000($May $2)$

$3.$ Purchased equipment on account $($to be paid in $30$ days$)$ for a total cost of $$4,800.($May

$3)$

$4.$ Paid one year insurance for the new Vehicle $$1200($May $3)$

$5.$ Interviewed and hired three people for the position of esthetician. $($May $4)$

$6.$ Paid three months rent in advance $$2100($May $4)$

$7.$ During the first two weeks, performed $$2,500$ of massage services, all collected in cash,

$($Note: Date this May $14)$

$8.$ On May $15,$ paid the employee, $$1500$ weekly salary.

$9.$ Performed $$4000$ of massage service on credit for customer. $($May $15)$

$10.$ During night shift performed $$2,000$ of massage services, all collected in cash, $($May $15)$

Instruction

A$.$ Prepare General journal.

B$.$ Post the transaction into Ledger

C$.$ Prepare Unadjusted Trial Balance. After unadjusted trial balance adjust the following

transaction by May $31,2022$ and prepare the ten$-$column worksheet

$$ Supplies used during the Month $$500$

$$ By May $31,$ one month rent is used

$$ By May $31$ one month insurance used