Iris Beck is a licensed CPA. During the first month of operations of her business, the following events and transactions occurred. May 1 Beck invested $20,000 cash in her business. 2 Hired a secretary-receptionist at a salary of $2,000 per month. 3 Purchased $2,500 of supplies on account from Tinio Supply Company. 7 Paid office rent of $900 cash for the month. 11 Completed a tax assignment and billed client $3,200 for services performed. 12 Received $3,500 advance on a management consulting engagement. 17 Received cash of $1,200 for services performed for Misra Co. 31 Paid secretary-receptionist $2,000 salary for the month. 31 Paid 60% of balance due Tinio Supply Company. Instructions (a) Journalize the transactions. (b) Post to the ledger accounts. (c) Prepare a trial balance on May 31, 2017