Blackboar... Cha Vegan Sou... YouTube Drake - Pa... Google Fiber What are s... Current Attempt in Progress Nona Curry started her own consulting firm, Sage Hill Inc., on May 1, 2022. The following transactions occurred during the month of May. ay 1 Stockholders invested $17,325 cash in the business in exchange for common stock. 2 Paid $693 for office rent for the month. 3 Purchased $578 of supplies on account. 5 Paid $173 to advertise in the County News. 9 Received $1,617 cash for services performed. 12 Paid $231 cash dividend. 15 Performed $4,851 of services on account. 17 Paid $2,88B for employee salaries. 20 Paid for the supplies purchased on account on May 3. 23 Received a cash payment of $1,386 for services performed on account on May 15. 26 Borrowed $5,775 from the bank on a note payable. 29 Purchased office equipment for $2,310 paying $231 in cash and the balance on account 30 Paid $208 for utilities Part 1 Show the effects of the above transactions on the accounting equation using the following format. Assume the note payable is to be repaid within the year. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place learn.wileyplus.com Show the effects of the above transactions on the accounting equation using the following format. Assume the note payable is to be repaid within the year. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example.) Assets Date Cash + Accounts Receivable + Supplies May 1 $ May 2 May 3 May 5 May 9 May 12 May 15 May 17 May 20 32% learn.wileyplus.com May 9 May 12 May 15 May 17 May 20 May 23 May 26 May 29 May 30 $ $ eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Submit Answer Using multiple attempts will impact your score. 5% score reduction after attempt 1