PART D: The Accounting Cycle INSTRUCTION: Read the questions carefully and use the information provided in each question to answer that question. Show all your calculation and workings. Selected transactions from the general journal of ABC, Inc for its first month of operations are not presented below Debit Credit o 3,000 3,000 1,800 1,800 4,000 1,500 2,500 Date Accounts and explanations May May. 1 Cash Common Stock 7 Cash Service Revenues 11 Equipment Cash Notes Payable 14 Cash Account Receivables Service Revenues 16 Cash Sales Revenues 28 Cash Account Receivables 30 Salary Expenses Cash 31 Dividends Cash 450 1,000 1,450 900 900 700 700 2,000 2,000 500 500 Requirements: 2) Using Taccounts, post the journal entries to the general ledger (Rubrics: 0.5 mark for each correct T-Account, 0.25 mark for each correct entry in a single T- Account. Total marks = 8 ) b) Prepare a trial balance on May 31, 2019. (Rubrics: 0.5 mark for each correct entry of the trial balance including the correct heading and the totals. Total = 5.5 marks)