es retieri KIS Sekme Pencere Yardim 2010/quizzes/secured lockdown Verity Siding Company, whose sole stockholder is S. Verity, began operations in May and completed the following transactions during that first month of operations. Show the effects of the transactions on the accounts of the accounting equation, by recording increases and decreases in the appropriate columns in the table below. Do not determine new account balances after each transaction. You should be able to insert a table to do your answer, if not, just write out your answer like this account name increase/decrease account name increase/decrease...cash increase salary expense increase or cash increase:AR decrease May S. Verity invested $90,000 cash in the company in exchange for common stock 2 The company purchased $25,000 in office equipment. It paid $10,000 in cash and signed a note payable promising to pay the $15,000 over the next three years, 2 The company rented office space and paid $3,000 for the May rent 6 The company installed new vinyl Siding for a customer and immediately collected $5,000. 7 The company paid a supplier $2.000 for siding materials used on the May 6 job 8 The company purchased a $2.500 copy machine for office use on credit 9 The company completed work for additional customers on credit in the amount of $16.000 The company paid its employees salaries $2,300 for the first half of the month. 15 17 The company installed new siding for a customer and immediately collected $2,400. 20 The company received $10,000 in payments from the customers billed on May 9. 13 06 semi Yer aretleri Kii Sekme Pencere Yardm quizzes/secured lockdown 28 The company paid $1,500 on the copy machine purchased on May 8. It will pay the remaining balance in June. 31 The company paid its employees' salaries $2,400 for the second half of the month. 31 The company paid a supplier $5,300 for siding materials used on the remaining jobs completed during May. 31 The company paid $450 for this month's utility bill