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May 1 Purchased new equipment, paying cash of $13,400 and signing a 90-day note payable for the balance of $26,000. 31 Received the May electrical
May 1 Purchased new equipment, paying cash of $13,400 and signing a 90-day note payable for the balance of $26,000. 31 Received the May electrical bill today; $2,500. It will be paid on June 15. 31 Paid the May telephone bill today; $1,950. 31 Paid month-end salaries of $41,000. 20 Received payment from the client of May 10. 25 Received cash of $1,900 from a client for work to be done in June. 10 Provided services to a client today
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