zoges Enterprises incorporated on May 3, current year. The company engaged in the following transactions during its first month of operations: May 3 Issued capital stock in exchange for $950,000 cash. May 4 Paid May office rent expense of $1,800. May 5 Purchased office supplies for $600 cash. The supplies will last for several months. May is Purchased office equipment for $12,480 on account. The entire amount is due June 15 . May 18 Purchased a company car for $45,000. Paid $15,000 cash and issued a note payable for the renaining anount May 20 Billed clients $120,000 on account. May 26 Declared and paid a $8,000 dividend (use the Dividends account). May 29 Paid May utilities of $500. May 30 Received $90,000 from clients billed on May 20. May 31 Recorded and paid salary expense of $32,000. A partial list of the account titles used by the compdny includes the following: - Cash - Accounts Receivable - Dividends - Office Supplies - Capital Stock - Office Equipment - Client Revenue - Vehicles - Office Rent Expense - Notes Payable - Salary Expense - Accounts Payable - Utilities Expense Required: a. Prepare journal entries for the above transactions. b. Post each entry to the appropriate ledger accounts. c. Prepare a trial balance dated May 31, current year. Assume accounts with zero balances are not included in the trial balance. Post each entry to the appropriate ledger accounts. M Quastion 1-Assignment 1- Connect Govinal Saved Hel; Required A Required C