(A) Theevini's Check Services Company entered into the following transactions during May 2021. Show the effects of these transactions on the accounting equation. 1. Purchased computers for $15,000 from TechNet on account. 2. Paid $3,000 cash for May rent on storage space. 3. Received $12,000 cash from customers for contracts billed in April. 4. Performed payroll services for Magic Construction Company for $2,500 cash. 5. Paid Northern Ohio Power Co. $7,000 cash for energy usage in May. 6. Theevini invested an additional $25,000 in the business. 7. Paid TechNet for the computers purchased in (1) above. 8. Incurred advertising expense for May of $900 on account. (30 Marks)