Pham’s Maintenance Co.

    Chau Pham launched a new business called Pham’s Maintenance Co. that began operations on June 1, 2021. The following transactions were completed by the company during the first month: June 1 Pham invested $175,000 in the business in exchange for common stock.   2 Rented a furnished office and paid $7,500 cash for June's rent.   4 Purchased $3,000 worth of equipment from Skyline Office equipment paying $1,000 cash with the balance being paid in 20 days.   6 Paid $1,300 cash to advertise the grand opening of the business.   9 Performed maintenance services for a customer and was immediately paid $1,000 in cash.   10 Performed $8,500 of maintenance services for PDQ Company on credit.   12 Paid $300 in cash to Hernandez Bookkeeping Services for work performed during June.   20 Received $8,500 from PDQ Company for maintenance work done on June 10.   21 Performed maintenance services totaling $650. The customer paid cash immediately.   22 Performed $1,250 of maintenance services on credit for Patel Realty.   23 Performed $8,500 of maintenance services on credit for the Alaska Mall.   24 Paid $2,000 balance due to Skyline for the equipment purchased on June 4.   30 Received $1,250 in cash for services performed for Lee Realty on June 22.   30 Paid $250 cash for this month's telephone bill.