Lena Fohn is a licensed accountant. During the first month of operations of her business, Windsor, Inc., the following events and transactions occurred.

Lena Fohn is a licensed accountant. During the first month of operations of her business, Windsor, Inc., the following events and transactions occurred. May 1 Shareholders invested 20,752 cash in exchange for ordinary shares. 2 Hired a secretary-receptionist at a salary of 2,024 per month. 3 Purchased 2,600 of supplies on account from Hartig Supply Company. 7 Paid office rent of 749 cash for the month. 11 Completed a tax assignment and billed client 2,095 for services provided. 12 Received 3,005 advance on a management consulting engagement. 17 Received cash of 1,684 for services performed for Lucille Co. 31 Paid secretary-receptionist 2,024 salary for the month. 31 Paid 55% of balance due Hartig Supply Company. Windsor, Inc. uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 311 Share Capital - Ordinary, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Journalize the transactions. (Record entries in the order displayed in the problem statement. If no entry is required, select "No entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date 2017 (Issued shares for cash) MARATON (To record hiring of secretary-receptionist) (Purchased supplies on account) (Paid office rent) (Billed client for services performed) (Received cash for future services) I CAN (Received cash for services performed) (Paid salaries) (Paid creditor on account) Post to the ledger accounts. (Post the entries into ledger in the order displayed in Part 1.) Cash No. 101 Date Explanation Ref Debit Credit Balance 2017 J1 J1 J1 J1 J1 J1 Accounts Receivable No. 112 Date Explanation Ref Debit Credit Credit Balance 2017 J1 Supplies No. 126 Date Explanation Ref Debit Credit Balance 2017 J1 No. 201 Accounts Payable Date 2017 Explanation Ref Debit Credit Balance J1 J1 Unearned Service Revenue No. 209 Explanation Ref Debit Credit Balance Date 2017 J1 No. 311 Share Capital-Ordinary Date 2017 Explanation Ref Debit Credit Balance J1 Service Revenue No. 400 Date Explanation Ref Debit Credit Balance 2017 J1 J1 Salaries and Wages Expense No. 726 No. 726 Salaries and Wages Expense Date Explanation Ref Debit Credit Balance 2017 J1 No. 729 Rent Expense Date Explanation Ref Debit Credit Balance 2017 J1 Prepare a trial balance on May 31, 2017. Windsor, Inc. Trial Balance Debit Credit