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Transactions for the Ayayai Company, which provides welding services, for the month of June are presented below. June 1 Ayayai invests $4,270 cash in exchange

Transactions for the Ayayai Company, which provides welding services, for the month of June are presented below. June 1 Ayayai invests $4,270 cash in exchange for shares of common stock in a small welding business. 2 Purchases equipment on account for $1,870. 3 $730 cash is paid to landlord for June rent. 12 Bills P. Leonard $330 after completing welding work done on account

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