First:Analyze the transactions and record these entries in the general journal.

Second:Post the entries from the journal to the following T accounts in the ledger: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Capital Stock; Consulting Revenue; Prepaid Rent; Utilities Expense.

Third:Prepare a Unadjusted Trial Balance as of May 31.

May 3Issued 25,000 shares of capital stock for $50,000.

May 10Paid $400 office rent for two months in advance.

May 11Purchased office supplies for $1,200. The payment is not due until June.

May 13Purchased office equipment totaling $15,000. Thomas pays $10,500 in cash and agrees to pay the rest in 30 days.

May 23Performed consulting services and billed clients $2,000. The entire revenue amount will not be received until June.

May 29Made a partial payment of $1,000 for the amount owed for the office equipment received on May 23

May 31Paid a utility bill for $140.