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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: May 1 Stockholders

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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: 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 for the month 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. 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. 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 20 26 29 30 Prepare an income statement for the month of May 2017 LARKSPUR, INC. Income Statement e Textbook and Media on chant of Dorsey Dominique

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