The following transactions occurred for Li Technology Solutions:

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May $1$: The business received cash of $$110,000$ and gave capital to Jason Li$.$

$\backslash$table$[[\backslash$table$[[$CASH$],[$Date$]],,,,,,$Account No$.110],[$Item$,,,,$Balance$],[$Post$.$ Ref.,Debit,Credit,Debit,Credit$],[$May $1,$Transactions$],[$May $1,$May $1,$The business received cash of $$110,000$ and gave capital to Jason Li$.],[$May $2,$Purchased supplies on account, $$760.],[$May $4,\backslash$table$[[$Paid $$54,000$ cash for building and land. The building had a fair market value of$],[$$$49,000.]]],[$May $6,$Performed services for customers and received cash, $$3,000.],[$May $9,$Paid $$560$ on accounts payable.$],[$May $17,$Performed services for customers on account, $$2,100.],[$May $19,$Paid rent expense for the month, $$1,600.],[$May $20,$Received $$1,400$ from customers for services to be performed next month.$],[$May $21,$Paid $$800$ for advertising in next month's IT Technology magazine.$]]$