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2 3 9 Nona Curry started her own consulting firm, Splish Brothers Inc., on May 1, 2017. The following transactions occurred during the month of
2 3 9 Nona Curry started her own consulting firm, Splish Brothers Inc., on May 1, 2017. The following transactions occurred during the month of May May 1 Stockholders invested $22,350 cash in the business in exchange for common stock. Paid $894 for office rent for the month. Purchased $745 of supplies on account. 5 Paid $223 to advertise for the month in the County News. Received $2,086 cash for services performed. 12 Paid $298 cash dividend 15 Performed $6,258 of services on account. Paid $3,725 for employee salaries. Paid for the supplies purchased on account on May 3. 23 Received a cash payment of $1,788 for services performed on account on May 15. Borrowed $7,450 from the bank on a note payable. Purchased office equipment for $2,980 paying $298 in cash and the balance on account. 30 Paid $268 for utilities, 17 20 26 29 Assets Date Cash Accounts Receivable Supplies Eq May 1 $ May 2 May 3 May 5 May 9 May 12 May 15 May 17 May 20 May 23 May 26 May 29 May 30 $ $ $
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