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(Solved) : P1 4b Laura Geller Started Consulting Firm Geller Consulting May 1 2008 Following Transact Q34215756

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Answer to P1-4B Laura Geller started her own consulting firm, Geller consulting on may 1, 2008. The following transactions occurre…

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P1-4B Laura Geller started her own consulting firm, Gellerconsulting on may 1, 2008. The following transactions occurredduring the month of May.

May 1 Gller invested $8,000 cash in the business
2 Paid $800 for office rent for the month.
3 Purchased $500 of supplies on account
5 Pad $50 to advertise in the county news
9 Received $3,000 cash for services provided
12 Withdrew $700 cash for personal use
15 Performed $5,300 of services on account
17 Paid $3,000 for employees salaries.
20 Paid for the suppleis purchased on account on May 3.
23 Received a cash payment of $3,000 for services provided onaccount on May 15. 26 Borrowed $5,000 from ... View full description