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Problem 1-1A Threets Repair Shop was started on May 1 by Erica Threet. A summary of May transactions is presented below. 1. Invested $22,173 cash

Problem 1-1A

Threets Repair Shop was started on May 1 by Erica Threet. A summary of May transactions is presented below.
1. Invested $22,173 cash to start the repair shop.
2. Purchased equipment for $5,182 cash.
3. Paid $392 cash for May office rent.
4. Paid $601 cash for supplies.
5. Incurred $249 of advertising costs in the Beacon News on account.
6. Received $5,918 in cash from customers for repair service.
7. Withdrew $1,082 cash for personal use.
8. Paid part-time employee salaries $2,041.
9. Paid utility bills $150.
10. Provided repair service on account to customers $691.
image text in transcribed

Propare a tabular analyais of the transactions.Reonue is cole Sarvice Ravanue. (t a transaction causes a decrease in Assets, LlabWtfes or Stockholders'Equity, place a nepetive sign (or parontheses) front of t amount entered for uw partiular Assat, Liability or Equity stem that was ruduwd.) iabilities Retnined Larnings Cesh ReceivablSuoplies EquipmentPayableStock Revenues Expenses Dividends 2

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