Read the requirements. Cash 75,000 May 18: Make an offer of employment for a new positi More info Journal Entry Date Accounts May No entry required May 1: May 3: . May 6: . May 8: . May 15: Sell admission tickets, $100,000, cash Purchase merchandise inventory, $5,000, on account Rent lockers to guests, $500, cash Sign a letter of intent to switch electric suppliers starting in June Pay employees, $75,000, cash . May 18: Make an offer of employment for a new position in the May 20: Borrow money from bank by signing a six-mo Merchandise & Games office . Journal Entry May 20: Borrow money from bank by signing a six-month note, $200,000 Accounts Date May 20 Cash Note Payable Print Done X Requirement 3. Indicate how the company's assets, liabilities, and equity would be impacted by each transaction. Fill out the following chart to show the impact on the company's assets, liabilities, and equity. (Select an "X" in each applicable input field. If an input field is not used in the tax Assets Liabilities Stockholders' equity Date Description Increase Decrease Increase Decrease Increase Decrease May 11 Sell admission tickets, $100,000, cash Purchase merchandise inventory, $5,000, on May 3 account May 6 Rent lockers to guests, $500, cash Sign a letter of intent to switch electric May 8 suppliers starting in June