Enter each transaction below into the accounting equation. Then, calculate the (1) amount of assets owned by Tommy's Irish Pub, Inc., at the end of its first month of business, and (2) the amount of net income for the month. All these ransactions took place during the first 30 days of business. (Click to view the transactions.) Enter each transaction below into the accounting equation. Some of the account names will be abbreviated. Begin by entering transaction 1. Tommy started the pub by contributing $17,000 in exchange for common stock, and the business borrowed $12,750 from the bank. Then, enter each transaction in the order they occurred. (Use parentheses or a minus sign when entering account decreases. Use only the necessary input lines.) Shareholders' Equity More Info Assets Liabilities + Contributed Capital + Retained Earnings Account Account Account Account 1. 1. Tommy started the pub by contributing $17,000 in exchange for common stock, and the business borrowed $12,750 from the bank. 3. The pub hired a bartender to assist Tommy and help run the new company. For this 4. The pub was popular with the local college and sold half of its inventory for total cash 5. The pub paid rent expense of $725 the first month 2. The pub purchased S4,000 worth of beer and other items its inventory) with cash service, the pub paid $100 each day for 30 days. revenues of $8,500. 6. The pub repaid S1,500 of the bank loan along with $50 of interest for the first month. Print Done