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Nona Curry started her own consulting firm, Marin Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1
Nona Curry started her own consulting firm, Marin Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1 Stockholders invested $15.075 cash in the business in exchange for common stock. 2 Paid $603 for office rent for the month. 3 Purchased $503 of supplies on account. 5 Paid $151 to advertise in the County News. 9 Received $1,407 cash for services performed. 12 Paid $201 cash dividend. 15 15 17 17 20 22 23 26 Performed $4,221 of services on account. Paid $2.513 for employee salaries. Paid for the supplies purchased on account on May 3. Received a cash payment of $1,206 for services performed on account on May 15. Borrowed $5,025 from the bank on a note payable.
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