5 of 5 (3 complete) 1 More Infeo May 1 The business received cash of $75,000 and gave capital to Zeke Walen 2 Purchased office supplies on account, $650. 4 Paid $52,000 cash for building and land. The building had a fair market value of $42,000. 6 Performed services for customers and received cash, $3,500. 9 Paid $350 on accounts payable. 17 Performed services for customers on account, $3,600. 19 Paid rent expense for the month, $1,100. 20 Received $1,700 from customers for services to be performed next month 21 Paid $100 for advertising in next month's IT Technology magazine. 23 Received $3,400 cash on account from a customer. 31 Incurred and paid salaries, $1,400 Print Done up 5 of 5 (3 complete) 1 More Infeo May 1 The business received cash of $75,000 and gave capital to Zeke Walen 2 Purchased office supplies on account, $650. 4 Paid $52,000 cash for building and land. The building had a fair market value of $42,000. 6 Performed services for customers and received cash, $3,500. 9 Paid $350 on accounts payable. 17 Performed services for customers on account, $3,600. 19 Paid rent expense for the month, $1,100. 20 Received $1,700 from customers for services to be performed next month 21 Paid $100 for advertising in next month's IT Technology magazine. 23 Received $3,400 cash on account from a customer. 31 Incurred and paid salaries, $1,400 Print Done up