Sandra Robinson started her own consulting firm Robinson Consulting inc on may 1 2027. The following transactions occurred during the month of may. Please refer to pictures for transactions and chart.

Sandra Robinson started her own consulting firm, Robinson Consulting Inc., on May 1, 2027. The following transactions occurred during the month of May. May 1 Stockholders invested $16,500 cash in the business in exchange for common stock. 2 Paid $660 for office rent for the month. 3 Purchased $550 of supplies on account. 5 Paid $165 to advertise for the month in the County News. 9 Performed services for customer for $1,540 cash. 12 Paid $220 cash dividend. 15 Performed $4,620 of services on account. 17 Paid $2,750 for employee salaries. 20 Paid for the supplies purchased on account on May 3. 23 Received a cash payment of \$1,320 for services performed on account on May 15. 26 Borrowed $5,500 from the bank on a note payable. 29 Purchased office equipment for $2,200 paying $220 in cash and the balance on account. 30 Paid $204 for utilities. Stockholders' Equity - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. ROBINSON CONSULTING INC. Sandra Robinson started her own consulting firm, Robinson Consulting Inc., on May 1, 2027. The following transactions occurred during the month of May. May 1 Stockholders invested $16,500 cash in the business in exchange for common stock. 2 Paid $660 for office rent for the month. 3 Purchased $550 of supplies on account. 5 Paid $165 to advertise for the month in the County News. 9 Performed services for customer for $1,540 cash. 12 Paid $220 cash dividend. 15 Performed $4,620 of services on account. 17 Paid $2,750 for employee salaries. 20 Paid for the supplies purchased on account on May 3. 23 Received a cash payment of \$1,320 for services performed on account on May 15. 26 Borrowed $5,500 from the bank on a note payable. 29 Purchased office equipment for $2,200 paying $220 in cash and the balance on account. 30 Paid $204 for utilities. Stockholders' Equity - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. ROBINSON CONSULTING INC