Next Page Question 1 Page 1 of 9 During the first month of operations, the following transactions occurred for Niagara LLP an accounting firm specializing in personal tax. Niagara LLP closes its accounts monthly. May 1: Issued common shares for $20,000 cash May 2: Paid office rent for $950 for the month May 3: Hired an administrative assistant for a salary of $2,000 per month May 4: Purchased supplies on account for $900 May 8: Received $1,000 in advance for a special tax consulting engagement May 10: Completed an income tax assignment and billed the client for $2,750 for services provided May 11: Purchased supplies on account for $400 May 31: $750 of supplies remained on hand May 31: Paid the administrative assistant her salary of S2000 for the month of May Below, fill in each of the blanks with the instructions that follow. For all responses, fill out your answer without dollar signs, spaces or commas for example: 45000 question 8 (1 point) Blank #8: On May 31st, what would the total supplies expense be? (note, provide your answer with no dollar signs, commas, periods or spaces) Question 9 (1 point) Blank #9: On May 31st, how much money would be owed to the administrative assistant? Question 10 (1 point) Blank #10: On May 31st how much equity would Niagara LLP have? Question 11 (1 point) Blank #11: On May 31st what would the total balance in the accounts payable be? Page 1 of 9 Next Page Page