SSI Jsc., applied accrual basis, perpetual inventory system with moving average metho and prepare financial statements monthly I. Openning balance as at 019, May, 2021 as follows: Cash 650 Accounts payable 250 Accounts receivable 800 Common stock 2.500 Prepaid rent expense 100 Salaries payable 150 1.800 Retained earnings 550 Merchandise (Merchandise A, quantity: 100kg, unit cost: 18/kg) Fixed asset 2.400 Accumulated depreciation (2.300) Other accounts have zero balance or no balance. 1. A.Give 10 more economic transactions incurred in May related to the following accounts with reasonable data: + Selling expense + Administrative expense + Accounts payable + Salaries payable + Dividend + Unearned service revenue B.Give 3 adjusting data at May 31 related to the following accounts: + Prepaid rent expense + Unearned service revenue + Accumulated depreciation. 2. Journalize entries for all transactions incurred in May (Including adjusting entries and closing entries). Post data of transactions above to relevant T-accounts. SSI Jsc., applied accrual basis, perpetual inventory system with moving average metho and prepare financial statements monthly I. Openning balance as at 019, May, 2021 as follows: Cash 650 Accounts payable 250 Accounts receivable 800 Common stock 2.500 Prepaid rent expense 100 Salaries payable 150 1.800 Retained earnings 550 Merchandise (Merchandise A, quantity: 100kg, unit cost: 18/kg) Fixed asset 2.400 Accumulated depreciation (2.300) Other accounts have zero balance or no balance. 1. A.Give 10 more economic transactions incurred in May related to the following accounts with reasonable data: + Selling expense + Administrative expense + Accounts payable + Salaries payable + Dividend + Unearned service revenue B.Give 3 adjusting data at May 31 related to the following accounts: + Prepaid rent expense + Unearned service revenue + Accumulated depreciation. 2. Journalize entries for all transactions incurred in May (Including adjusting entries and closing entries). Post data of transactions above to relevant T-accounts