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The May transactions of Ayayal Corp. were as follows. May 4 Paid $670 due for supplies previously purchased on account. 7 Performed advisory services
The May transactions of Ayayal Corp. were as follows. May 4 Paid $670 due for supplies previously purchased on account. 7 Performed advisory services on account for $6,530. 8 Purchased supplies for $810 on account. 9 Purchased equipment for $2,290 in cash. 17 222 29 Paid employees $630 in cash. Received bill for equipment repairs of $840. Paid $1,290 for 12 months of Insurance policy. Coverage begins June 1. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit 40
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