Date Account title Dr. Cr.

1-May Cash 500,000

M. Arevalo Capital 500,000

3-May Office supplies expense 20,000

Accounts Payable 20,000

6-May Land 140,000

Cash 140,000

11-May Accounts Payable 18,000

Cash 18,000

17-May M. Arevalo Capital 25,000

Cash 25,000

20-May Rent Expense 20,000

Cash 20,000

22-May Utilities expense 7,500

Cash 7,500

25-May Cash 100,000

M. Arevalo Capital 100,000

28-May Cash 5,000

Service revenue 5,000

31-May Accounts Receivable 35,000

Service revenue 35,000

2.
Cash
Date Explanation Dr Cr
1-May 500,000
6-May 140,000
11-May 18,000
17-May 25,000
20-May 20,000
22-May 7,500
25-May 100,000
28-May 5,000

Accounts Receivable
Date Explanation Dr Cr
 31-May 35,000

Land
Date Explanation Dr Cr
6-May 140,000

Accounts Payable
Date Explanation Dr Cr
3-May 20,000
18,000

M. Arevalo, Capital
Date Explanation Dr Cr
1-May 500,000
17-May 25,000
25-May 100,000

Service revenue
Date Explanation Dr Cr
28-May 5,000
31-May 35,000

Utilities Expense
Date Explanation Dr Cr
22-May 7,500

Rent Expense
Date Explanation Dr Cr
20-May 20,000
Office supplies Expense
Date Explanation Dr Cr
3-May 20,000

3.
Mel Arevalo Repair Shop
Unadjusted Trial Balance
May 31, 2021

Account Title Dr. Cr.

Cash 394,500
Accounts Receivable 35,000
Land 140,000
Accounts Payable 2,000
M. Arevalo, Capital 575,000
Service revenue 40,000
Utilities Expense 7,500
Rent Expense 20,000
Office supplies Expense 20,000
TOTAL 617,000 617,000
Balance
500,000
360,000
342,000
317,000
297,000
289,500
389,500
394,500

Balance
 35,000

Balance
140,000

Balance
20,000
2,000

Balance
500,000
475,000
575,000

Balance
5,000
40,000

Balance
7,500

Balance
20,000
Balance
20,000