Transactions for Argot Company for the month of May are presented below. Prepare journal entries
for each of these transactions. (You may omit explanations.)
May 1 B.D. Argot invests $3,000 cash in exchange for common stock in a small welding corporation.
a) 3 Buys equipment on account for $1,100.
b) 13 Pays $400 to landlord for May rent.
c) 21 Bills Noble Corp. $500 for welding work done.