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    Martin Berk began an accounting firm called Berks Accounting on May 1 of the current year. Record the following May transactions by making the appropriate entries in the general journal. Next, prepare a trial balance as of May 31.

    Part A

    Martin invested $20,000 cash and a computer valued at $2,000.

    Part B

    Purchased $6,000 of office furniture from a supplier on credit.

    Part C

    Completed accounting work for a client and received $2,000 cash in full payment.

    Part D

    Paid the supplier of the office furniture 50% of the balance owing.

    Part E

    Completed $3,000 of accounting work for a client on credit.

    Part F

    Martin withdrew $3,500 cash from the business for personal use.

    Part G

    Received $2,000 cash as partial payment for the accounting work completed for the client in E.

    Part H

    Paid $1,200 cash for the secretarys salary.

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