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Nona Curry started her own consulting firm, Larkspur, Inc, on May 1, 2017. The following transactions occurred during the month of May: Stockholders invested $15,900
Nona Curry started her own consulting firm, Larkspur, Inc, on May 1, 2017. The following transactions occurred during the month of May: Stockholders invested $15,900 cash in the business in exchange for common stock, Paid $636 for office rent for the month. Purchased $530 of supplies on account. Paid $159 to advertise for the month in the County News. Received $1,484 cash for services performed. Paid $212 cash dividend. Performed $4.452 of services on account. Paid $2,650 for employee salaries. Paid for the supplies purchased on account on May 3. Received a cash payment of $1,272 for services performed on account on May 15. Borrowed $5,300 from the bank on a note payable. Purchased office equipment for $2,120 paying $212 in cash and the balance on account. Paid $191 for utilities May 1 2 3 5 9 12 15 17 20 23 26 29 30 Prepare a retained earnings statement for the month of May 2017. LARKSPUR, INC. Retained Earnings Statement $ > $ e Textbook and Media
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