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Questions

Mike Shaw began his contracting business, Mike Shaw Contractors, on April 1, 2017 The post-closing trial balance for Mike Shaw Contractors for April is down below. During May, Mike Shaw Contractors entered into the following transactions: May Received cash from clients as an advance payment for services to be 3. | provided and recorded it as unearned fees, $4,500. 5. Received cash from clients on account, $2,450. 9. Paid cash for a newspaper advertisement, $225, 13. Paid Office Station Co. for part of the debt incurred on April 5, $640 15 Recorded services provided on account for the period May 1-15, $9,180 16. Paid part-time receptionist for two weeks' salary including the amount 17. Recorded cash from cash clients for fees earned during the period 20. | Purchased supplies on account, $735. 25. Recorded cash from cash clients for fees earned for the period May 27. Received cash from clients on account, $9,520. 30. Paid telephone bill for May, $260. owed on April 30, $750 May 1-16, $8,360. Record the following transactions on Page 6 of the journal: e provided on account for the perod Nay 16-20, $4,820. 17-23, $7,900. 28. Paid part-time receptionist for two weeks' salary, $750. 31. Paid electricity bill for May, $810