Show me the steps to solve the T$-$Accounts question.

Prepare journal entries for the following transactions

a$.$ May $1,$ the business received cash of $$120,000$ for a capital stake in the

business.

b$.$ May $2,$ purchased supplies on account, $$350.$

d$.$ May $6,$ performed services for customers and received cash, $$3,400.$

e$.$ May $9,$ Paid $$150$ on accounts payable. f$.$ May $17,$ performed services for customers and received cash, $$3,200.$

h$.$ May $20,$ received $$2,100$ from customers for services to be performed next

month.

j$.$ May $23,$ received $$2,800$ cash on account from a customer.

Using the space below, prepare T$-$Accounts for the journal entries prepared in

question $4.$