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Prepare a trial balance on May 31, 2019. Larkspur, Inc. Trial balance Debit Credit Totals Problem 2-2A Julia Dumars is a licensed CPA. During the

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Prepare a trial balance on May 31, 2019. Larkspur, Inc. Trial balance Debit Credit Totals Problem 2-2A Julia Dumars is a licensed CPA. During the first month of operations of her business, Larkspur, Inc., the following events and transactions occurred. May 1 Stockholders invested $21,700 cash in exchange for common stock. 2 Hired a secretary-receptionist at a salary of $1,100 per month 3 Purchased $2,300 of supplies on account from Vincent Supply Company. 7 Paid office rent of $900 cash for the month 11 Completed a tax assignment and billed client $2,500 for services performed 12 Received $3,200 advance on a management consulting engagement. 17 Received cash of $1,800 for services performed for Orville Co. 31 Pald secretary-receptionist $1,100 salary for the month 31 Paid 50% of balance due Vincent Supply Company Julia Dumars 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 Common Stock No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense

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