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Elizabeth Brown started her own consulting firm, Elizabeth Consulting on May 1 , 2 0 2 2 . The following transactions occurred during the month

Elizabeth Brown started her own consulting firm, Elizabeth Consulting on May 1,2022. The following transactions occurred during the month of May.
May 1 : Elizabeth invested $6200 cash in the business
May 2: Paid $900 for office rent for the month
May 3: Purchased $700 supplies on account
May 5: Paid $170 to advertise in the County News
May 9: Received $3800 cash for services performed
MAy 12: Withdrew $1100 cash for personal use
May 15: performed $5200 of services on account
May 17: Paid $2400 for employee salaries
May 20: Made a partial payment of $500 for the supplies purchased on account on May 3
May 23: Received a cash payment of $4200 for services performed on account on May 15
May 26: Borrowed $4800 from the bank on a note payable
May 29: Purchased equipment for $4300 on account
May 30: Paid $350 for utilities
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