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The May transactions of Indigo Corporation were as follows. May 4 Paid $880 due for supplies previously purchased on account. 7 Performed advisory services on
The May transactions of Indigo Corporation were as follows. May 4 Paid $880 due for supplies previously purchased on account. 7 Performed advisory services on account for $7,110. 8 Purchased supplies for $820 on account. 9 Purchased equipment for $2,480 in cash. 17 Paid employees $710 in cash. 22 Received bill for equipment repairs of $810. 29 Paid $1,200 for 12 months of insurance policy. Coverage begins June 1.
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