Current Attempt in Progress Cullumber Company entered into these transactions during May 2017, its first month of operations. 1. 2. 3. 4. 5. 6. 7. 8. 9. Stockholders invested $42,500 in the business in exchange for common stock of the company Purchased computers for office use for $31,900 from Ladd on account. Paid $2,900 cash for May rent on storage space. Performed computer services worth $17,900 on account. Performed computer services for Wharton Construction Company for $5,400 cash. Paid Western States Power Co. $8,300 cash for energy usage in May. Paid Ladd for the computers purchased in (2). Incurred advertising expense for May of $1,600 on account. Received $14,000 cash from customers for contracts billed in (4). G

Cullumber Company entered into these transactions during Maye 017. its first month of operations. 1. Stockholders invested $42,500 in the business in exchange for common stock of the company 2. Purchased computers for office use for $31,900 from Ladd on account. 3. Paid $2,900 cash for May rent on storage space. 4. Performed computer services worth $17,900 on account. 5. Performed computer services for Wharton Construction Company for $5,400 cash. 6. Paid Western States Power Co. $8,300 cash for energy usage in May. 7. Paid Ladd for the computers purchased in (2). 8. Incurred advertising expense for May of $1,600 on account. 9. Received $14,000 cash from customers for contracts billed in (4). Cullumber Company entered into these transactions during Maye 017. its first month of operations. 1. Stockholders invested $42,500 in the business in exchange for common stock of the company 2. Purchased computers for office use for $31,900 from Ladd on account. 3. Paid $2,900 cash for May rent on storage space. 4. Performed computer services worth $17,900 on account. 5. Performed computer services for Wharton Construction Company for $5,400 cash. 6. Paid Western States Power Co. $8,300 cash for energy usage in May. 7. Paid Ladd for the computers purchased in (2). 8. Incurred advertising expense for May of $1,600 on account. 9. Received $14,000 cash from customers for contracts billed in (4)