Mr. Adam decided to open ABC Company in May, the following transactions are se 1. The owner invested $25,000 cash in the business. 2. The company purchased $7,000 of office equipment on credit. 3. The company barrowed $2,000 from bank, 11% and will pay within 1 year 4. The company purchased supplies for $1,300 on credit. 5. The company received $8.U cash in exchange for services performed. 6. The company paid $850 for this month's rent. 7. The owner withdrew $1,000 cash for personal use. Instructions a. Prepare Tabuiar Form b. Prepare Income Statement, c. Owner's equity statement and d. Balance sheet