Sassafras Sis, Inc Chart of Accounts Balance Sheet Accounts Income Statement Accounts 1 Assets 4 Revenue 11 Caus Det 41 Revenues Credit 12 Accounts Receivable Debit 13 Supplies Debit 5 Expenses 14 Prepaid insurance Debit 51 Expenses Debit 15 Office Equipment Debit 16 Aceum. Depreciation-omiceto Credit 2 Liabilities 21 Accounts Payable Credit 22 Accruals etwas payable) Credit 23 Uneamed Revenue Credit 3 Stockholders' Equity 31 Common Stock Credit 32 Retained Earning Credit 33 Dividends Debit Sassafras Sils, Inc is a pool design firm based in Orona, Florida. Based on the following tact pattern complete the entire accounting cycle case study for May 20/0. 1 Record the following entries for the month of May in the General Journal (G) pages 11 and 12 1 Invested $25,000 cash in exchange for Common Stock 1 Paid cash $1,200 for 12 month insurance policy 3 Paid cash for various expenses $1,000 5 Purchased supplies $2.000 on account 10 Paid cash for office equipment 53,600 17 Pald $1,000 cash to creditor 20 Revenue from designing several pools $12,000. Received $7,000 cash, remainder an account. 22 Received $900 cash from customer for future work 24 Received $1,000 cash from customer paying down account 25 Social media "kes exceed 5000. Marketing anticipates a sales bump of $1 per like. 30 Board of Directors declared and paid cash Dividend $1,000 EXCLUDE THE DESCRIPTION ALWAYS LEAVE A SPACE BETWEEN SEPARATE TRANSACTIONS 2 Post to General Ledger (GU) 3 Produce the unadjusted Trial Balance May -T ACCOUNT (WITH OPENING BALANCES) -GENERAL LEDGER ACCOUNTS (WITH OPENING BALANCE) -UNADJUSTED TRAIL BALANCE ***OPENING BALANCE AMOUNTS: CASH $35000, COMMON STOCK $20000, RETAINED EARNINGS $15000**** *PLEASE LABEL THE GENERAL LEDGER ACCOUNT PLEASE LABEL THE UNADJUSTED TRAIL BALANCE