The may transactions of step aside corporation were as follows.
may 4 paid $700 due for supplies previously purchased on account.
7 performed advisory services on account for $6,800.
8 purchased supplies for $850 on account.
9 purchased equipment for $1,000 in cash.
17 paid employees $530 in cash.
22 received bill for equipment repairs of $900.
29 paid $1,200 for 12 months of insurance policy.

4 paid $700 due for supplies previously purchased on account. 

Cash account affected (Asset)

Accounts Payable affected (Liability) 

7 Performed advisory services on account for $6,800. 

Accounts Receivable affected (Asset) 

Service Revenue affected(Equity) 

8 Purchased supplies for $850 on account. 

Supples affected (Asset) 

Account Payable affect (Liability) 

9 Purchased equipment for $1,000 in cash. 

Equipment (Asset) 

Cash (Asset) 

17 Paid employees $530 in cash. 

Payroll (Equity) 

Cash (Asset) 

22 Received bill for equipment repairs of $900. 

Repair expense (Equity) 

Account Payable (Liability) 

29 Paid $1,200 for 12 months of insurance policy. 

Coverage begins June 1 Prepaid rent (Asset) 

Cash (Asset)

c

explanation:

answer; yield to maturity;