5 Margaret Moore started her own consulting firm, Moore Consulting Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1 Stockholders invested $14,400 cash in the business in exchange for common stock. 2 Paid $576 for office rent for the month. 3 Purchased $480 of supplies on a count. Paid $144 to advertise for the month in the County News 9 Performed services for customer for $1,344 cash. Paid $192 cash dividend Performed $4,032 of services on account. Paid $2,400 for employee salaries. Paid for the supplies purchased on account on May 3. 23 Received a cash payment of $1,152 for services performed on account on May 15. Borrowed $4,800 from the bank on a note payable. Purchased the equipment for $1,920 paying $192 in cash and the balance on account Paid $176 for utilities 12 15 17 20 26 29 30 entered for the particular Asset, Liability or Equity item that was reduced.) Assets Date Cash Accounts Receivable Supplies E May 1 $ 14400 May 2 -576 May 3 May 5 480 May 9 144 May 12 -1344 May 15 May 17 192 May 20 4032 May 23 2400 May 26 May 29 May 30 MacBook Air 000 000 F4 FS F2 $ % A & * C Question 8 of 9 - /20 to be repaid within the year. Include margin explanations for any changes in revenues or expenses. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) MOORE CONSULTING INC. Liabilities Equipment Notes Payable Accounts Payable Common Stock $ MacBook Air DOD 000 4 IL FS ES FS F7 FB $ A % 5 & 7 6 8 8 9 0 to be repaid within the year. Include margin explanations for any changes in revenues or expenses. (If a transaction results in a decrease in Assets, Liabilities ar Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Revenues Expenses Dividends $ 5 MacBook Air DOO IN