Nona curry started her own consulting firm, curry consulting inc., on may 1, 2017. the following transactions occurred during the month of may.
may 1 -- stockholders invested $15,000 cash in the business in exchange for common stock.
may 2 -- paid $600 for office rent for the month.
may 3 -- purchased $500 of supplies on account.
may 5 -- paid $150 to advertise in the county news.
may 9 -- received $1,400 cash for services performed.
may 12 -- paid $200 cash dividend.
may 15 -- performed $4,200 of services on account.
may 17 -- paid $2,500 for employee salaries.
may 20 -- paid for the supplies purchased on account on may 3.
may 23 -- received a cash payment of $1,200 for services performed on account on may 15.
may 26 -- borrowed $5,000 from the bank on a note payable.
may 29 -- purchased office equipment for $2,000 paying $200 in cash and the balance on account.
may 30 -- paid $180 for utilities.