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May 1 The business received cash of $65,000 and gave capital to Zoro Warren. 2 Purchased office supplies on account, $790. 4 Paid $56,000
May 1 The business received cash of $65,000 and gave capital to Zoro Warren. 2 Purchased office supplies on account, $790. 4 Paid $56,000 cash for building and land. The building had a fair market value of $45,000. 6 Performed services for customers and received cash, $3,200. 9 Paid $640 on accounts payable. 17 Performed services for customers on account, $2,100. 19 Paid rent expense for the month, $1,500. 20 Received $2,100 from customers for services to be performed next month. 21 Paid $200 for advertising in next month's IT Technology magazine. 23 Received $1,800 cash on account from a customer. 31 Incurred and paid salaries $1 800.
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