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plete accounting cycle (monthly) Emily Lee grew up in Vancouver and loves to be a tourist in her own city. In order to make money
plete accounting cycle (monthly) Emily Lee grew up in Vancouver and loves to be a tourist in her own city. In order to make money to pay for university, she walking tour company, Very Vancouver. The following are transactions for the month of May 2023, the first month of opera May 2 Emily moved $7,500 from her personal bank account to a business bank account at TD Bank. She also invested a la $864 into the business. 3 Purchased supplies, including a microphone, and brochures for $675 cash. 4 Purchased a printer for $324 on account. May May May 5 Purchased a one-year insurance policy for $1,440 cash. May 6 Emily withdrew $232 for a Mother's Day gift. May 8 Interviewed and hired one employee to assist with leading tours. May 10 Emily launched a social media campaign of Very Vancouver on Facebook. As a result, she received $2,155 of cash tour bookings. May 15 Led three tours of Stanley Park and received $610 cash. May 25 Led four tours of Granville Island, for $1,205. The customers on this tour had prepaid on May 10. The following information is known at May 31, 2023. The laptop has an estimated life of three years. The printer has an estimated life of three years. . There are $225 of supplies that are not used. A portion of the insurance policy has expired. Wages of $895 were unpaid and unrecorded. Required 1-a. Prepare journal entries for the May transactions. (If no entry is required for a transaction/event, select "No journal required" in the first account field.)
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