Julia Dumars is a licensed CPA. During the first month of operations of her business, Wildhorse Co., the following events and transactions occurred.

May 1		Stockholders invested $ 20,100 cash in exchange for common stock.
2		Hired a secretary-receptionist at a salary of $ 2,300 per month.
3		Purchased $ 2,300 of supplies on account from Vincent Supply Company.
7		Paid office rent of $ 750 cash for the month.
11		Completed a tax assignment and billed client $ 2,900 for services performed.
12		Received $ 2,500 advance on a management consulting engagement.
17		Received cash of $ 1,800 for services performed for Orville Co.
31		Paid secretary-receptionist $ 2,300 salary for the month.
31		Paid 50% of balance due Vincent Supply Company.

Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) Cash No. 101 Date Explanation Ref. Debit Credit Balance J1 J1 J1 J1 J1 J1 Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance J1 Supplies No. 126