Nona Curry started her own consulting firm, Teal Mountain Inc., on May 1, 2017. The following transactions occurred during the month of May.

May 1		Stockholders invested $18,675 cash in the business in exchange for common stock.
2		Paid $747 for office rent for the month.
3		Purchased $622 of supplies on account.
5		Paid $187 to advertise for the month in the County News.
9		Received $1,743 cash for services performed.
12		Paid $249 cash dividend.
15		Performed $5,229 of services on account.
17		Paid $3,112 for employee salaries.
20		Paid for the supplies purchased on account on May 3.
23		Received a cash payment of $1,494 for services performed on account on May 15.
26		Borrowed $6,225 from the bank on a note payable.
29		Purchased office equipment for $2,490 paying $249 in cash and the balance on account.
30		Paid $224 for utilities.