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 paid secretary-receptionist $1,100 salary for the month 31 Pald 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 Unea No. 311 Common Stock No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and NO.729 Rent Expense. Journalize the transactions Colla Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) Cash No. 101 Date Explanation Ref. Debit Credit Balance Accounts Receivable No. 112 Date Explanation Debit Credit Balance Ref 31 Supplies Date Explanation Ref. Debit No. 126 Balance Credit