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Show all work. Do not just give a numerical answer 1) (20 pts). The following table presents the balances of a company's accounts in
Show all work. Do not just give a numerical answer 1) (20 pts). The following table presents the balances of a company's accounts in consecutive days. Given the value changes of the accounts from the previous day, explain what the company did each of the five days in May. Accounts Accounts Day Owners' Cash Receivable Inventory Equipment Payable Equity Apr.30 $1,250 $500 $1,125 $3,000 $625 $5,250 May 1 1,250 500 1,325 3,000 825 5,250 May 2 1,400 350 1,325 3,000 825 5,250 May 3 1,225 350 1,325 3,000 650 5,250 May 4 1,600 350 1,325 3,000 650 5,625 May 5 1,375 350 1,325 3,575 1,000 5,625
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