| Date | Transaction |
|---|
| May 1 | The owner invested $20,000 cash in exchange for ordinary shares. |
| May 3 | Purchased camera equipment for $8,000 cash. |
| May 8 | Provided photography services for $3,500 cash. |
| May 14 | Paid the studio rent for May, $1,200. |
| May 19 | Provided photography services on account, $2,700. |
| May 26 | Collected $1,500 of the amount billed on May 19. |
| May 30 | Paid assistant salaries, $1,800. |