Project Description:

latimer legal services had the following transactions during its first month of operations. required: record these transactions as journal entries in the textbox for this question.
may 1. latimer legal services received $20,000 cash and issued common stock to the stockholders
may 2. paid may rent, $5,000
may 3 purchased equipment on account, $3,000
may 10 performed legal services for a client and billed him on account, $12,200. the client indicated that he would pay within 10 days.
may 12 paid for the equipment purchased on account n may 3.
may 28 borrowed cash from first national bank, $10,000
may 31 recorded depreciation for the equipment, $600
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Project Stats:

Price Type: Negotiable

Total Proposals: 14
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