Gabi Gram started The Gram Co., a new business that began operations on May 1
Get your Assignment in a Minimum of 3 hours
Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.
Free Inquiry
Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. |
May 1 |
G. Gram invested $40,000 cash in the company. |
1 |
The company rented a furnished office and paid $2,200 cash for May’s rent. |
3 |
The company purchased $1,890 of office equipment on credit. |
5 |
The company paid $750 cash for this month’s cleaning services. |
8 |
The company provided consulting services for a client and immediately collected $5,400 cash. |
12 |
The company provided $2,500 of consulting services for a client on credit. |
15 |
The company paid $750 cash for an assistant’s salary for the first half of this month. |
20 |
The company received $2,500 cash payment for the services provided on May 12. |
22 |
The company provided $3,200 of consulting services on credit. |
25 |
The company received $3,200 cash payment for the services provided on May 22. |
26 |
The company paid $1,890 cash for the office equipment purchased on May 3. |
27 |
The company purchased $80 of advertising in this month’s (May) local paper on credit; cash payment is due June 1. |
28 |
The company paid $750 cash for an assistant’s salary for the second half of this month. |
30 |
The company paid $300 cash for this month’s telephone bill. |
30 |
The company paid $280 cash for this month’s utilities. |
31 |
G. Gram withdrew $1,400 cash from the company for personal use. |
BEST WAY TO WRITE A 5 STAR PERSUASIVE ESSAY
"Is this question part of your assignment? We Can Help!"
"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!"
Get Started