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2 During May, Kate Consulting entered into the following transactions, Journalize entries for them. (27 percent) May. I. The following assets were received from the
2 During May, Kate Consulting entered into the following transactions, Journalize entries for them. (27 percent) May. I. The following assets were received from the owner-Kate Pitney: cash $28,000, supplies, $15,000; and office equipment $10,500. 2. Paid the e premiums on property and casualty insurance for next year, $9,60 4. Purchased office equipment on account from Office Station Co., $5,000. 5. Purchased supplies and cash was paid, $6,800. 14. 20. 24. 30. Received cash from clients on account, S5,800. Paid part-time receptionist for salary, $2,750. Recorded services provided on account for the period, $30,100. Recorded cash from cash clients for fees earned for the period, $13,85o. Paid electricity bill for April, $500
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