Balance Sheet Assets $ $ Liabilities and Owner's Equity $ $ > $ Debra King started her own consulting firm, Debra Consulting, on May 1, 2022. The following transactions occurred during the month of May. May 1 Debra invested $6,000 cash in the business. 2 Paid $ 950 for office rent for the month. 3 Purchased $ 500 of supplies on account. 5 Paid $130 to advertise in the County News. 9 Received $3,800 cash for services performed. 12 Withdrew $ 1,100 cash for personal use. 15 Performed $5,000 of services on account. 17 Paid $2,100 for employee salaries. 20 Made a partial payment of $300 for the supplies purchased on account on May 3. 23 Received a cash payment of $3,500 for services performed on account on May 15. 26 Borrowed $ 4,900 from the bank on a note payable. 29 Purchased equipment for $ 4,300 on account. 30 Paid $ 300 for utilities. Accounts Receivable Date Cash Supplies Equipm 1 $ $ $ $ 2 3 5 9 12 15 17 20 23 26 29 30 $ $ $ $ S TRAVEL AGENCY Liabilities Owner's Equity Accounts Payable Owner's Capital Owner's Drawings + Revenues $ $ $ $ tA $ Expenses $ $ ta