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Carla Vista Co. entered into these transactions during May 2022, its first month of operations....

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Carla Vista Co. entered into these transactions during May 2022, its first month of operations. 1. Stockholders invested $38,500 in the business in exchange for common stock of the company. 2. Purchased computers for office use for $26,200 from Ladd on account. 3. Paid $2,800 cash for May rent on storage space. 4. Performed computer services worth $16,300 on account. 5. Performed computer services for Wharton Construction Company for $4,100 cash. 6. Paid Western States Power Co. $6,200 cash for energy usage in May. 7. Paid Ladd for the computers purchased in (2). 8. Incurred advertising expense for May of $2.400 on account. 9. Received $10.400 cash from customers for contracts billed in (4)

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