Holden graham started the graham co., a new business that began

Holden Graham started The Graham Co., a new business that began operations on May 1. The Co. completed the following transactions during its first month of operations.

H. Graham invested $43,500 cash in the company in exchange for its common stock.

The company rented a furnished office and paid $2,200 cash for May’s rent”

The company purchased $1,860 of office equipment on credit.

The company paid $800 cash for this month’s cleaning services.

The company provided consulting services for a client and immediately collected $5,400

The company provided $2,700 of consulting services for a client on credit.

The company paid $770 cash for an assistant’s salary for the first half of this month.

The company received $2,700 cash payment for the services provided on May 12.

The company provided $4,000 of consulting services on credit.

The company received $4,000 cash payment for the services provided on May 22.

The company paid $1,860 cash for the office equipment purchased on May 3′

The company purchased $80 of advertising in this month’s (May) local paper on credit cash payment is due June 1
The company paid $770 cash for an assistant’s salary for the second half of this month

The company paid $300 cash for this month’s telephone bill,

The company paid $250 cash icr this month’s utilities.

The company paid $1,800 cash in dividends to the owner (sole shareholder).

Required:

2. Enter the amount of each transaction on individual items of the accounting equation transactions in the given order. Enter reductions to account balances with a minus sign

3.1 Prepare Holden Graham Company’s income statement for May.

3.2 Prepare Holden Graham company’s statement of Retained Earnings for May.

3.3 Prepare Holden Graham Company’s Balance Sheet for May 31.

3.4 Prepare Holden Graham Company’s $tatemant of Cash Flows For Honth Ended May 31

 

 

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency