Exercise 4-17 Complete accounting cycle (monthly) LO1, 2, 4, 5 Emily Lee grew up in Voncouver and loves to be a tourist in her own city, in order to make money to poy for university, she opered o walking tour compony. Very Vancouver. The following ore uronsoctions for the morith of Moy 2023, the fust month of operations $472 into the business. May 3 Purchesed supp1ses, Inclipaing o mlcrophone, wd broctures for 5705 cast. May 5 herchased a one-yeer imrance policy for $1,$60 cash. Hoy is tally ulthared simi for i iother's Day eift. tour bookinen. Key is led three tours of stantey park ane recelved 1965 cass. The following information is lonown ot May 31,2023 - The leptop has an estimated life of thee yeare. - The printer has an estimated life of three year - There me $235 of supplies that ore notused - A portoon of the insurance policy has expired - Weges of $820 were unpod and unrecorded Required iequired" in the first nccount field) 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 clollar. 2. Post the above journal entries to the T-occounts Depreciation Expense, HinteI Insurance Expenscs Supplies fipeses HH | 3. Prepare a post-closing trial balance. (Do not round intermediate calculetions. Round the final onswers 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 intermediete calculations. Round the final anvwers to the nearest whole doller.) 4. Prepare an income stetement and statement of changes in equity for the month onded Moy 31,2023. (Do not round intermediate. calculetions. Round the final answers to the nenrest whole dollar.) 5. Piepore classfied bolarice sheet at Moy 31, 2023 (Do not round intermediate calculations. Round the final answers to the 5. Prepare a classified balance sheet at May 31, 2023. (Do not round intermediate calculations, Round the final answers to the nearest whole dollar.)