Question 5 of 6 DO Cash Apr 30 4000 Apr. 30 3000 May 1 May 1 v 1000 May 4 V 1500 > May 4 1500 > May 7 0 > 1500 May 15 2100 May 15 o May 15 900 May 15 > 1600 May 15 > Salaries Expense Rent Expense Advertising Expense Utilities Expense Utilities Expense Interest Expense Income Tax Expense eTextbook and Media View Policies Current Attempt in Progress Sheridan incis general ledger at April 30, 2021. included the following: Cash $4,600; Supplies $500; Equipment $26.000; Accounts Payable $2,100; Deferred Revenue (from gift certificates) $1,000; Bank Loan Payable $10,000; Common Shares $5,000, and Retained Earnings $13,000. The following transactions occurred during May: May 1 4 7 15 15 17 18 22 24 Paid rent for the month of May, $1,000 Paid $1.500 of the account payable outstanding at April 30. Issued gift certificates for future services for $1.500 cash. Received $2,100 from customers for services performed to date. Paid $1,200 in salaries to employees. Customers receiving services worth $700 used gift certificates in payment. Paid the remaining accounts payable from April 30. Purchased supplies of $700 on account. Received a bill for advertising for $500. This billis due on June 22 Received and paid a utilities bill for $400. Received $2,100 from customers for services performed. Customers receiving services worth $600 used gift certificates in payment. Interest of $50 was paid on the bank loan. Paid $1,200 in salaries to employees. Paid income tax instalment for the month, $150. 25 28 29 30 31 31 (a)