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Allowing transactions in the two-column journal May 1 Susan invested $5,000 cash to start the...

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Accounting

Allowing transactions in the two-column journal

May 1 Susan invested $5,000 cash to start the business.

May 5 Purchased office furniture on account, $3,000.

May 9 Paid office rent for the month, $450.

May 10 Received fees for referral services, 500

May 15 Made payment on account (for office furniture), 100

May 20 Earned referral fees 125 cash and 175 on account.

May 25 Paid wages to clerk for part-time work. $400.

May 28 Withdrew cash for personal use, S100.

May 9 Received cash for referral services previously rendered 150

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