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Problem 3-2 Nona Curvy started her own consulting firm, Lara Inc, on May 1, 2022. The following transactions occurred during the oth of May May

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Problem 3-2 Nona Curvy started her own consulting firm, Lara Inc, on May 1, 2022. The following transactions occurred during the oth of May May 1 Stockholders invested $20.556 cash in the business in exchange for common 2 Pad 822 for office rent for the month 3 Purchased 5685 of supplies on account 5 Paid 5205 to advertise in the County News 9 Received $1.918 cash for services performed 12 Paid 274 cash dividend. 15 Performed 55.754 of services on t. 17 Peld 13.425 for employee salaries 20 Paid for the supoles purchased on account on May 23 Received a cash payment of 51.644 for services performed on account on May 15. 26 Borrowed $6.650 from the bank on a note payable 29 Purchased office equipment for $2.740 paying $274 in cash and the balance on court 30 Paid $247 for utilities Show the effects of the above transactions on the counting equation using the following format. Asume the money is to be with the east causes decreasesti Stockholders' Equity place a negative sign (or parentheses) in front of the amount entered for the particular Asset til arquity at reduced See lustration for can LARKSPUR, INC. Socks Equity Notes Accounts Common Accounts Date Cash Equipment - Supplies Receivable Retained Earning Stock Payable Revenues Expenses Dividende Payale $ $ May 1 5 May 2 855 PM Maya May 9 May 12 Prepare an income statement for the month of May 2022. LARKSPUR, INC. Income Statement s 5 v $ SHOW LIST OF ACCOUNTS Prepare a caste balance sheet at May 31 2022 (List current assets in order of liquidity LARKSPUR, INC. Prepare a classified balance sheet at May 31, 2022. (List current assets in order of liquidity) LARKSPUR, INC. Balance Sheet Assets 5 ces Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity $ Click if you would like to Show Work for this question: Qen Shour Work SHOW LIST OF ACCOUNTS

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