Question: Can someone help me solve this accounting problem? hat began operations on May 1. The Graha m Co. completed the following transactions during its first
Can someone help me solve this accounting problem?




hat began operations on May 1. The Graha m Co. completed the following transactions during its first month of operations. May 1 H. Graham invested $45,000 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,500 cash for May's rent.. 3 The company purchased $1,860 of office equipment on credit. 5 The company paid $770 cash for this month's cleaning services 8 The company provided consulting services for a client and immediately collected $5,900 cash. 12 The company provided $2,800 of consulting services for a client on credit. 15 The company paid $740 cash for an assistant's salary for the first half of this month. 20 The company received $2,800 cash payment for the services provided on May 12. 22 The company provided $3,800 of consulting services on credit. 25 The company received $3,800 cash payment for the services provided on May 22 26 The company paid $1,860 cash for the office equipment purchased on May 3. 27 The company purchased $85 of advertising in this month's (May) local paper on credit; cash payment is due June 1. 28 The company paid $740 cash for an assistant's salary for the second half of this month. 30 The company paid $350 cash for this month's telephone bill. 30 The company paid $280 cash for this month's utilities. 31 The company paid $1,900 cash in dividends to the owner (sole shareholder)
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