Nancy Jackson started her own consulting firm Jackson Consulting Inc, on May 1, 2022. The following transactions occurred during the month of May. May 1 2 3 UN ON Stockholders invested $15,300 cash in the business in exchange for common stock Paid $612 for office rent for the month Purchased $5 10 of supplies on account. Paid $153 to advertise for the month in the County News, Performed services for customer for $1.428 cash. Paid $204 cash dividend. Performed $4.284 of services on account Paid $2,550 for employee salaries, Paid for the supplies purchased on account on May 3. 12 15 17 20 12 Paid $204 cash dividend. 15 Performed $4,284 of services on account. 17 20 23 Paid $2,550 for employee salaries. Paid for the supplies purchased on account on May 3. Received a cash payment of $1,224 for services performed on account on May 15. Borrowed $5,100 from the bank on a note payable. Purchased office equipment for $2,040 paying $204 in cash and the balance on account 26 29 30 Paid $188 for utilities. transactions on the accounting equation using the following format, Assume the note payable is to be repaid within the year. Include margin explanations for any changes in revenues or expenses. (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 Date Cash Accounts Receivable + Supplies : May 1 $ May 2 May 3 May 5 May 9 I May 12 May 15 May 17 May 20 May 23 May 26 May 20 May 23 May 26 May 29 May 30 $ $ $ $