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Bramble Services was formed on May 1, 2022 The following transactions took place during the first month. 1 Jay Bradford invested $ 38,800 cash in
Bramble Services was formed on May 1, 2022 The following transactions took place during the first month. 1 Jay Bradford invested $ 38,800 cash in the company, as its sole owner. 2. Hired two employees to work in the warehouse. They will each be paid a salary of $2959 per month 3. Paid $970 for warehouse rent for May. 4 Purchased equipment costing $ 29,100. A cash payment of $9.700 was made immediately, the remainder will be paid in 6 months. 5. Purchased a one-year insurance policy for $2,328. 6. Purchased basicoffice supplies for $ 407 cash. 7 Purchased more office supplies for $ 1,455 on account 8. Total revenues were $ 19.400$7760 cash and $ 11640 on account 9. Paid $ 388 to suppliers for accounts payable due 10. Received $ 2.910 from customers in payment of accounts receivable. 11 Received utility bills in the amount of $ 369. to be paid next month. 12 Paid the monthly salaries of the two employees, totaling $5.918 PE leston 5 of 6 Prepare a transaction analysis using T-accounts Accounts Receivable Cash Dr. Cr. Dr. 2 5 OF 6 Tea transaction analysis using T-accounts. Assets Supplies Prepald Insurance Dr. Cr . Dr. fuestion 5 of 6 Prepare a transaction analysis using T-accounts. Owner's Equity Rent Expense Salaries and Wages Expense CA Dr C Dr. uestion 5 of 6 Prepare a transaction analysis using T-accounts. lities Expense Rent Expense C. Dr. Dr. on 5 or 6
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