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Troy Ridgell incorporated Ridgell Consulting, an accounting practice, on May 1,2016. During the first month of operations, these events and transactions occurred. Troy Ridgell invested $40,000 cash in exchange for common stock of corporation. May 1 2 Paid for $3,000 of office equipment from Office Depot. 3 Purchased $800 of supplies on account from Fleming Supply Company. 7 Paid office rent of $1,400 for the month. 11 Completed a tax assignment and billed client $1,500 for services provided. 12 Paid $400 for advertising to Smith Newspaper. 17 Received cash of S3,300 for services completed for Goodman Co. 31 Paid secretary-receptionist $2,000 salary for the month. Paid 50% of balance due Fleming Supply Company. 31 The company uses the following chart of accounts: Cash, Accounts Receivable, Office Equipment, Accounts Payable, Common Stock, Service Revenue, Advertising Expense, Salaries Expense, Supplies Expense and Rent Expense. Instructions: 1. Create the company 2. Create the chart of accounts 3. Key in transactions 4. Print Profit/Loss Statement 5. Print Balance Sheet