Question 18 of 18 Current Attempt in Progress -/20 E Barbara Jones started her own consulting firm. Barbara Consulting, on May 1, 2022. The following transactions occurred during the month of May. May 1 Barbara invested $7.900 cash in the business. 2 Paid $750 for office rent for the month 3 Purchased $700 of supplies on account. 5 Paid $120 to advertise in the County News 9 Received $3,800 cash for services performed. 12 Withdrew $1,100 cash for personal use. 15 Performed $5,300 of services on account. 17 Paid $2,000 for employee salaries. 201 23 Made a partial payment of $500 for the supplies purchased on account on May 3. Received a cash payment of $4,200 for services performed on account on May 15. 26 Borrowed $4.700 from the bank on a note payable 29 Purchased equipment for $4,400 on account. 30 Paid $350 for utilities Prepare a tabular analysis of the August transactions beginning with July 31 balances. If a transaction results in a decrease in Assets, Liabilities or Owner's Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See llustration 1-8 for example) Bal 1 2 3 4 5. 6 7 Assets Accounts Cash Receivable Supplies Equipme 3 Bal $ 1. 2. 3 4 5. 6 7 8 $ Cash Assets Accounts Receivable Supplies Equipme $ $ $ $ DOROTHY TAYLOR, ATTORNEY AT LAW Liabilities -/20 E Equipment Notes Payable Accounts Payable Owner's Capital $ Question 17 of 18 < > Owner's Capital Owner's Drawings Owner's Equity -/201 Revenues Expenses