Prepare the balance sheet for May 31.

Required information [The following information applies to the questions displayed below.] Michael Jordan started The Jordan Company, a new business that started on May 1. The Jordan Company had the below transactions in May. May 1 M. Jordan invested $41,500 cash in the company. May 1 The company rented a furnished office and paid $2,400 cash for May's rent. May 3 The company purchased $1,870 of equipment on credit. May 5 The company paid $790 cash for this month's cleaning services. May 8 The company provided consulting services for a client and immediately collected \$5, 700 cash. May 12 The company provided $2,700 of consulting services for a client on credit. May 15 The company paid $780 cash for an assistant's salary for the first half of this month. May 20 The company received $2,700 cash payment for the services provided on May 12 . May 22 The company provided $3,400 of consulting services on credit. May 25 The company received $3,400 cash payment for the services provided on May 22 . May 26 The company paid $1,870 cash for the equipment purchased on May 3 . May 27 The company purchased $75 of equipment on credit. May 28 The company paid $780 cash for an assistant's salary for the second half of this month. May 30 The company paid $350 cash for this month's telephone bill. May 30 The company paid $260 cash for this month's utilities. May 31 M. Jordan withdrew $1,500 cash from the company for personal use. Complete this question by entering your answers in the tabs below. Prepare the balance sheet for May 31