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Laura Hall started her own consulting firm. Wildhorse Consulting, on May 1, 2020. The following transactions occurred during the month of May. 9 May 1
Laura Hall started her own consulting firm. Wildhorse Consulting, on May 1, 2020. The following transactions occurred during the month of May. 9 May 1 Trixie invested $ 6,000 cash in the business. 2 Paid $ 800 for office rent for the month. 3 Purchased $ 500 of supplies on account 5 Paid $ 110 to advertise in the County News Received 53.800 cash for services performed. 12 Withdrew $ 1.100 cash for personal use. Performed 55.700 of services on account 17 Paid $ 2,500 for employee salaries. Made a partial payment of $ 300 for the supplies purchased on account on May 3. 23 Received a cash payment of $ 4.200 for services performed on account on May 15. 26 Borrowed 54.900 from the bank on a note payable 29 Purchased equipment for 54,400 on account. 15 20 30 Paid 5 250 for utilities. Acoounts Recelvable Cash Date Supplies $ $ $ 1 $ 6,000 2 -800 -500 5 -110 . 3,800 I 12 15 20 23 4 910 29 Notes Payable Accounts Payable Equipment $ I w Accounts Payable Owner's Capital Owner's Drawings $ $ $ I S 5 Revenues Expenses $ $ I Laura Hall started her own consulting firm. Wildhorse Consulting, on May 1, 2020. The following transactions occurred during the month of May. 9 May 1 Trixie invested $ 6,000 cash in the business. 2 Paid $ 800 for office rent for the month. 3 Purchased $ 500 of supplies on account 5 Paid $ 110 to advertise in the County News Received 53.800 cash for services performed. 12 Withdrew $ 1.100 cash for personal use. Performed 55.700 of services on account 17 Paid $ 2,500 for employee salaries. Made a partial payment of $ 300 for the supplies purchased on account on May 3. 23 Received a cash payment of $ 4.200 for services performed on account on May 15. 26 Borrowed 54.900 from the bank on a note payable 29 Purchased equipment for 54,400 on account. 15 20 30 Paid 5 250 for utilities. Acoounts Recelvable Cash Date Supplies $ $ $ 1 $ 6,000 2 -800 -500 5 -110 . 3,800 I 12 15 20 23 4 910 29 Notes Payable Accounts Payable Equipment $ I w Accounts Payable Owner's Capital Owner's Drawings $ $ $ I S 5 Revenues Expenses $ $
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