Emily Lee grew up in Vancouver and loves to be a tourist in her own city. In order to make money to pay for university, she opened a walking tour company, Very Vancouver. The following are transactions for the month of May $2023,$ the first month of operations.

May $1$ Emily moved $$7,050$ from her personal bank account to a business bank account at TD Bank. She also invested a laptop worth $$1,260$ into the business.

May $1$ Purchased a one$-$year insurance policy for $$2,040$ cash.

May $3$ Purchased supplies, including a microphone, and brochures for $$825$ cash.

May $4$ Purchased a printer for $$252$ on account.

May $6$ Emily withdrew $$238$ for a Mother$$s Day gift.

May $8$ Interviewed and hired one employee to assist with leading tours.

May $10$ Emily launched a social media campaign of Very Vancouver on Facebook. As a result, she received $$2,275$ of cash for future tour bookings.

May $15$ Led three tours of Stanley Park and received $$715$ cash.

May $25$ Led four tours of Granville Island, for $$1,090.$ The customers on this tour had prepaid on May $10.$

The following information is known at May $31,2023.$

The laptop has an estimated life of three years.

The printer has an estimated life of three years.

There are $$275$ of supplies that are not used.

A portion of the insurance policy has expired.

Wages of $$760$ were unpaid and unrecorded.

Required

$1-$a$.$ Prepare journal entries for the May transactions. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

$1-$b$.$ Prepare the adjusting entries. $($Do not round intermediate calculations. Round the final answers to the nearest whole dollar.$)$

$1-$c$.$ Prepare the closing entries. $($Do not round intermediate calculations. Round the final answers to the nearest whole dollar.$)$

$2.$ Post the above journal entries to the T$-$accounts.

$3.$ Prepare a post$-$closing trial balance. $($Do not round intermediate calculations. Round the final answers to the nearest whole dollar.$)$

$4.$ Prepare an income statement and statement of changes in equity for the month ended May $31,2023.($Do not round intermediate calculations. Round the final answers to the nearest whole dollar.$)$

$5.$ Prepare a classified balance sheet at May $31,2023.($Do not round intermediate calculations. Round the final answers to the nearest whole dollar.$)$

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