Transactions for Mehta Company for the month of May are presented below.
May 1 B.D. Mehta invests $3,416 cash in exchange for common stock of Mehta Company, a small welding corporation.
... Buys equipment on account for $1,563.
13 Pays $688 to landlord for May rent.
21 Bills Noble Corp. $591 for welding work done.
Prepare journal entries for each of these transactions.
Date Description/Account Debit Credit
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