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Current Attempt in Progress Blossom Company entered into these transactions during May 2025, its first month of operations. 1. Stockholders invested $33,500 in the
Current Attempt in Progress Blossom Company entered into these transactions during May 2025, its first month of operations. 1. Stockholders invested $33,500 in the business in exchange for common stock of the company. 2. Purchased computers for office use for $27,200 from Ladd on account. 3. Paid $3,700 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 $3,200 cash. 6. Paid Western States Power Co. $8,900 cash for energy usage in May. 7. Paid Ladd for the computers purchased in (2). 8. Incurred advertising expense for May of $1,700 on account. 9. Received $13,700 cash from customers for contracts billed in (4). Zanshule chautha
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