On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $7,000 in cash along with equipment having a $3,000 value in exchange for common stock.
|b.||On May 21, Elegant Lawns purchases office supplies on credit for $500.|
|c.||On May 25, Elegant Lawns receives $4,000 cash for performing landscaping services.|
On May 30, Elegant Lawns receives $1,000 cash in advance of providing landscaping services to a customer.
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