Amethyst started her own CPA firm which had the following transactions in the first month:
May 3: Owner invested $7,500 to start the business.
May 5: Paid $200 for advertising
May 15: First customer paid her $4,500 to keep books for the company for the next 3 months
May 18: Billed a customer $1,200 for consulting work completed
May 28: Purchased $300 of office supplies
What are total assets at the end of May?
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The post Amethyst started her own CPA firm which had the following transactions in the first month: May 3: Owner invested $7,500 to start the business. May 5: Paid $200 for advertising May 15: First customer paid her $4,500 to keep books for the company for the next 3 months May 18: Billed a customer $1,200 for consulting work completed May 28: Purchased $300 of office supplies What are total assets at the end of May? appeared first on Superb Professors.
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