In May 2020, ABC Individual Proprietorship organized a corporation to provide services. The company began operations immediately. Transactions during the month of May were as follows:

May 3 Began his business with $25,000 in cash......... 4 Paid rent for May in the amount of $3,000........ 5 Purchased a vehicle costing $8,000. Paid $5,000 in cash and the rest is on account......... 7 Purchased supplies on account for $1,500............ 8 Completed and delivered a job and billed the customer $2,000. .........10 Received $300 in cash for a job completed and delivered.......... 13 Received $1,200 in cash from the customer billed on May 8. .........16 Billed a another customer $2,000 for a job............ 19 Paid $450 for the repair of the vehicle......... 20 Paid for the supplies purchased on May 7........... 23 Received a maintenance bill for $650, due next month........... 25 Withdrew $2,500 for personal use............ 26 Received a bill for $2,000 for advertising published in a magazine............. 30 Paid the worker $1,200 for months work. Based on the foregoing transactions:

1. Record the transactions to related Ledger Accounts ....2. Make the Closings...... 3. Prepare Post-closing Trial Balance .......4. Prepare the Balance Sheet.