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May 29 May 30 Nona Curry started her own consulting firm, Crane Consulting Inc., on May 1, 2025. The following transactions occurred during the month
May 29 May 30 Nona Curry started her own consulting firm, Crane Consulting Inc., on May 1, 2025. The following transactions occurred during the month of May. May 1 Stockholders invested $15,900 cash in the business in exchange for common stock. 2 Paid $636 for office rent for the month. 3 Purchased $530 of supplies on account. 5 Paid $159 to advertise in the County News. 9 Received $1,484 cash for services performed. 12 Paid $212 cash dividend. 15 Performed $4,452 of services on account. 17 Paid $2,650 for employee salaries. 20 Paid for the supplies purchased on account on May 3. 23 Received a cash payment of \$1,272 for services performed on account on May 15. 26 Borrowed $5,300 from the bank on a note payable. 29 Purchased office equipment for $2,120 paying $212 in cash and the balance on account. 30 Paid $191 for utilities. CRANE CONSULTING INC. = = Equipment Liabilities + Accounts Payable $ $ $ Stockholders' Equity Retained Earnings Revenues Expenses Dividends
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