Desiree Clark is a licensed CPA. During the first month of operations of her business, the following events and transactions occurred. May 1 Clark invested $22,022 cash in her business. 2 Hired a secretary-receptionist at a salary of $1,810 per month. 3 Purchased $2,800 of supplies on account from Read Supply Company. 7 Paid office rent of $875 cash for the month. 11 Completed a tax assignment and billed client $3,457 for services provided. 12 Received $2,778 advance on a management consulting engagement. 17 Received cash of $1,277 for services completed for C. Desmond Co. 31 Paid secretary-receptionist $1,810 salary for the month. 31 Paid 75% of balance due Read Supply Company.

(a) Journalize the transactions.

(b) Post to the ledger accounts.

(c) Prepare a trial balance on May 31, 2012.