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Kara Shin is a licensed CPA. During the first month of operations of her business, Kara Shin, Inc., the following events and transactions occurred. 1-May Stockholders invested $20,000 cash in exchange for common stock. 2 Hired a secretary-receptionist at a salary of $2,000 per month. 3 Purchased $1,500 of supplies on account from Hartig Supply Company. 7 Paid office rent of $900 cash for the month. 11 Completed a tax assignment and billed client $2,800 for services provided. 12 Received $3,500 advance on a management consulting engagement. 17 Received cash of $1,200 for services completed View complete question » Aug 15 2021 12:54 PM 1 Approved Answer Aman M answered on August 17, 2021 5 Ratings, (9 Votes) Date Particular Dr Cr         01-May Cash Dr $20,000.00     To Common Stock   $20,000.00   (Being Shares Issued)             02-May No Entry $0.00 $0.00                 03-May Supplies Dr $1,500.00     To Account Payable   $1,500.00   ( Being Purchases made)             07-May Rent Expenses Dr $900.00     To Cash   $900.00   ( Being Rent Paid)             11-May Account Recievable Dr $2,800.00     To Service Revenue   $2,800.00   ( Being Revenue generated)             12-May Cash Dr $3,500.00     To Unearned Services Revenue   $3,500.00   (Being Advance Received)             17-May Cash Dr $1,200.00     To Revenue   $1,200.00   ( Being Amount Received)             31-May Salary & Wages Dr $2,000.00     To Cash   $2,000.00   ( Baing Amount of Salary Paid)             31-May Account Payable Dr $600.00     To Cash   $600.00   ( Being payment made to Hartig Supply)         $32,500.00 $32,500.00   Nos Account Head Dr Cr         101 Cash $21,200.00           112 Account Recievable $2,800.00           126 Supplies $1,500.00           201 Account Payable   $900.00         209 Unearned Services Revenue   $3,500.00         311 Common Stock   $20,000.00         400 Service Revenue   $4,000.00         726 Salaries & Wages $2,000.00           729 Rent Expense $900.00               $28,400.00 $28,400.00 谢谢亲的回惠顾，期待您的下次光临！ 添加客服微信:bbwxnly，购买沟通交流so easy 欢迎咨询以下我们的一站式服务内容： Coursehero｜Scribd｜Studymode｜Oneclass｜Chegg｜Studyblue｜Termpaperwarehouse｜SolutionInn｜Bartleby｜eNotes｜Bookrags｜SaveMyEaxms｜｜Study.com｜Studypool｜QuillBot｜and more… 谢谢亲的支持，祝您学习愉快:)