Date Description REF. Debit Credit May 1 Rent Expense 2,500

Cash 2,500

2 Advertising Expense 500 Cash 500

4 Supplies 770 Cash 770

5 Office Equipment 7,200 A/P 7,200

8 Cash 3,600 A/R 3,600

12 A/P 2,150 Cash 2,150

15 J. Wren - Drawing 1,000 Cash 1,000

25 Miscellaneous Expense 120 Cash 120

30 Utilities Expense 195 Cash 195

31 A/R 11,500 Fees Earned 11,500

31 Utilities Expense 430 Cash 430