Linda Repair Inc. was started on May 1. A summary of May transactions is presented below. 1. 2. Stockholders invested $ 8,400 cash in the business in exchange for common stock Purchased equipment for $4,200 cash. Paid $ 336 cash for May office rent. 3. 4. Paid $ 252 cash for supplies. 5. Incurred $ 210 of advertising costs in the Beacon News on account. Performed repair services for customer for $ 3,948 cash. 6. 7. Paid a $ 588 cash dividend. 8. 9. Paid part-time employee salaries $ 840. Paid utility bills $118. Performed repair services worth $ 924 on account. Collected cash of $ 100 for services billed in transaction (10). 10. 11. Prepare a tabular analysis of the transactions. Include margin explanations for any changes in revenues or expenses. Revenue is called Service Revenue. (If a transaction results in 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.) Assets Cash Accounts Receivable Supplies Equip 1 $ $ $ $ 2. 3. 4. 5. 6. 4. 5. 6. 7 8. 9. 10 11. $ $