Selected transactions for Ali Company, on May 1, 2018 in her first month of business. Are as follows.

1-Invested $10,000 cash in business.

3- Purchased used car for $4,000 cash for use in business.

9- Purchased supplies on account for $500.

16- Paid $350 cash for advertising.

20- Received cash of $1,200 for services completed.

Instructions

(a) Journalize the transactions.

(b) Post to the ledger accounts.

(c) Prepare a trial balance on May 31, 2018.