May $1$ Purchased new equipment, paying cash of $$14,400$ and signing a $90-$day note payable for the balance of $$36,000.$

$2$ Purchased $12$ months of insurance to begin May $2$; paid $$26,400.$

$3$ Completed a fitness contract for a group of clients today and received $$6,400.$

$4$ Purchased office supplies on account; $$3,950.$

$6$ Returned to the supplier $$790$ of defective office supplies purchased on May $4.$

$10$ Provided services to a client today on account; $$11,900.$

$15$ Paid for the May $4$ purchase less the return of May $6.$

$20$ Received payment from the client of May $10.$

$25$ Received cash of $$2,900$ from a client for work to be done in June.

$31$ Paid month$-$end salaries of $$51,000.$

$31$ Paid the May telephone bill today; $$2,450.$