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May 1 Owner deposited $50,000 of his own money into the business' bank account. 3 Employed a part-time worker to begin work on the first
May 1 Owner deposited $50,000 of his own money into the business' bank account. 3 Employed a part-time worker to begin work on the first Monday of next month, earning a salary of $450 per week. 5 Purchased office supplies for $80 and a laptop for $2,500, both on credit. 5 Bought $8,000 worth of new inventory on credit to be sold in the shop. 6 Paid rent of $900. 7 Received $2,000 cash from a client for services provided. 9 Sold inventory for $1,750 cash, and $4,150 on credit. 10 A short-term bank loan of $10,000 was taken out to help with some equipment purchases. 12 Owner withdraws $1,500 for personal use 19 Invoiced a client for $2,100 for services provided. The client will pay in two weeks. 21 Paid electricity of $600. 23 Paid $2,000 of accounts payable 25 Received cash for $3,000 of accounts receivable 30 Paid $300 of the loan and a further $35 interest expense. 31 Sold a company van for $15,000 cash. May 1 Owner deposited $50,000 of his own money into the business' bank account. 3 Employed a part-time worker to begin work on the first Monday of next month, earning a salary of $450 per week. 5 Purchased office supplies for $80 and a laptop for $2,500, both on credit. 5 Bought $8,000 worth of new inventory on credit to be sold in the shop. 6 Paid rent of $900. 7 Received $2,000 cash from a client for services provided. 9 Sold inventory for $1,750 cash, and $4,150 on credit. 10 A short-term bank loan of $10,000 was taken out to help with some equipment purchases. 12 Owner withdraws $1,500 for personal use 19 Invoiced a client for $2,100 for services provided. The client will pay in two weeks. 21 Paid electricity of $600. 23 Paid $2,000 of accounts payable 25 Received cash for $3,000 of accounts receivable 30 Paid $300 of the loan and a further $35 interest expense. 31 Sold a company van for $15,000 cash
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