Sandra Robinson started her own consulting firm, Sandra Consulting, on May 1, 2022. The following transactions occurred during the month of May.

May 1 Sandra invested $6,700 cash in the business.

2 Paid $800 for office rent for the month.

3 Purchased $700 of supplies on account.

5 Paid $150 to advertise in the County News.

9 Received $4,000 cash for services performed.

12 Withdrew $1,100 cash for personal use.

15 Performed $5,500 of services on account.

17 Paid $2,500 for employee salaries.

20 Made a partial payment of $500 for the supplies purchased on account on May 3.

23 Received a cash payment of $4,300 for services performed on account on May 15.

26 Borrowed $4,900 from the bank on a note payable.

29 Purchased equipment for $4,100 on account.

30 Paid $350 for utilities.\

(c) Your answer is partially correct. Prepare a balance sheet at May 31, 2022. (List Assets in order of liquidity) SANDRA CONSULTING Balance Sheet Assets Cih Supplies Equipment Accounts Receivable Total Assets Liabilities and Owner's Equity Labis May 31, 2022 NOOOO 14500 700 4100 1200 2000 Liabilities Accounts Payable Owner's Equity Liabilities and Owner's Equity total quality Total Laulties and Owner's Equity eTextbook and Media List of Accounts Sve for Later Last saved 43 minutes aga 101 4900 11300 20100 Attempts: 1 of 2 used Submit