Post the May transactions to the appropriate t-accounts. Balances after the company closed its accounts on April 30 are indicated in each t-account. DO NOT IGNORE THESE BALANCES. The T-Accounts are in the second tab on the excel spreadsheet.

Date Account 5/1/2021 Cash Common Stock 5/4/2021 Equipment Cash Accounts Payable 5/6/2021 Cash Notes Payable 5/7/2021 Accounts Receivable-Smith Sales Revenue 5/9/2021 Wages Cash 5/11/2021 Supplies Cash 5/14/2021 Repairs Cash 5/16/2021 Accounts Payable Cash 5/22/2021 Dividends Cash 5/25/2021 Cash Accounts Receivable-Smith 5/29/2021 Electricity Expense Electricity Bill payable 5/31/2021 Repairs Accounts Payable debit credit $35,000 $35,000 $9,800 $800 $9,000 $24,750 $24,750 $24,000 $24,000 $5,615 $5,615 $15,250 $15,250 $15,400 $15,400 $4,500 $4,500 $10,500 $10,500 $12,000 $12,000 $520 $520 $7,500 $7,500 cash 1,500 account receivable 700 allowance for doubtful accounts 25 supplies 400 equipment 1,000 note payable common stock account payable 300 service revenue retained earnings 625 500 2,000 utilities expense didivends supplies expense depreciation expense interest expense