Jennifer Davis started her own consulting firm,Pharoah consulting on may 1 2020 the following transactions occurred during the month of may

may 1 trivia invested $8000 cash in the business

2 paid $950 for office rent for the month

3 purchased $500 of supplies on account

5 paid $140 to advertise in the county news

9 received $3800 cash for service performed

12 withdrew 1100 cash for personal use

15 performed 5800 of service on account

17 paid 2500 employee salaries

20 made a partial payment of 300 for the supplies purchased on account on may 3

23 received a cash payment of 3700 for services performed on may 15

26 borrowed 4600 from the bank on a note payable

29 purchased equipment for 4300 on account

30 paid 250 utilities