P3–8A Pamper Me Salon Inc.’s general ledger at April 30, 2015, included the following: Cash $5,000; Supplies $500; Equipment $24,000; Accounts Payable $2,100; Bank Loan Payable $10,000; Unearned Revenue (from gift certifi cates) $1,000; Common Shares $5,000; and Retained Earnings $11,400. Th e following events and transactions occurred during May: May 1 Paid rent for the month of May, $1,000. 4 Paid $1,100 of the account payable at April 30. 7 Issued gift certifi cates for future services for $1,500 cash. 8 Received $1,200 cash from customers for services performed. 14 Paid $1,200 in salaries to employees. 15 Received $800 in cash from customers for services performed. 15 Customers receiving services worth $700 used gift certifi cates in payment. 21 Paid the remaining accounts payable from April 30. 22 Received $1,000 in cash from customers for services performed. 22 Purchased supplies of $700 on account. All of these were used during the month. 25 Received a bill for advertising for $500. Th is bill is due on June 13. 25 Received and paid a utilities bill for $400. 29 Received $1,700 in cash from customers for services performed. 29 Customers receiving services worth $600 used gift certifi cates in payment. 31 Interest of $50 was paid on the bank loan. 31 Paid $1,200 in salaries to employees. 31 Paid income tax instalment for the month, $150.Instructions(a) Using T accounts, enter the beginning balances in the general ledger as at April 30.(b) Journalize the May transactions.(c) Post the May journal entries to the general ledger.(d) Prepare a trial balance as at May 31.