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May 1 The business received cash of $70,000 and gave capital to Zach Webster. 2 Purchased office supplies on account, $780. 4 Paid $47,000 cash

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May 1 The business received cash of $70,000 and gave capital to Zach Webster. 2 Purchased office supplies on account, $780. 4 Paid $47,000 cash for building and land. The building had a fair market value of $42,000 6 Performed services for customers and received cash, $2,900 9 Paid $680 on accounts payable. 17 Performed services for customers on account, $2,100. 19 Paid rent expense for the month. $1,300 20 Received $1,000 from customers for services to be performed next month 21 Paid $500 for advertising in next month's IT Technology magazine. 23 Received $1.500 cash on account from a customer. 31 Incurred and paid salaries, $1.500. Print | Done

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