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Carla Vista Company entered into these transactions during May 2025 , its first month of operations. 1. Stockholders invested $48,500 in the business in exchange
Carla Vista Company entered into these transactions during May 2025 , its first month of operations. 1. Stockholders invested $48,500 in the business in exchange for common stock of the company. 2. Purchased computers for office use for $27,500 from Ladd on account. 3. Paid $3,300 cash for May rent on storage space. 4. Performed computer services worth $18,000 on account. 5. Performed computer services for Wharton Construction Company for $3,700 cash. 6. Paid Western States Power Co. $7,400 cash for energy usage in May. 7. Paid Ladd for the computers purchased in (2). 8. Incurred advertising expense for May of $3,300 on account. 9. Received $13,800 cash from customers for contracts billed in (4). Carla Vista Company entered into these transactions during May 2025 , its first month of operations. 1. Stockholders invested $48,500 in the business in exchange for common stock of the company. 2. Purchased computers for office use for $27,500 from Ladd on account. 3. Paid $3,300 cash for May rent on storage space. 4. Performed computer services worth $18,000 on account. 5. Performed computer services for Wharton Construction Company for $3,700 cash. 6. Paid Western States Power Co. $7,400 cash for energy usage in May. 7. Paid Ladd for the computers purchased in (2). 8. Incurred advertising expense for May of $3,300 on account. 9. Received $13,800 cash from customers for contracts billed in (4)
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