solano. Instructure.com/courses/1377185/assignments/6050001?module_iternid=14401440 er Zoom View Policies Current Attempt In Progress Tutor tbook Metlock, Inc. was started on May 1. A summary of May transactions is presented below. PLUS Support Tedia 2. 1. Stockholders invested $13,500 cash in the business in exchange for common stock. Purchased equipment for $6,000 cash. 3. Paid $400 cash for May office rent. 4. Paid $600 cash for supplies. 5. Incurred $350 of advertising costs in the Beacon News on account. 6. Received $4,100 in cash from customers for repair service. 7. Declared and paid a $1,400 cash dividend. 8. Paid part-time employee salaries $1,100. 9. Paid utility bills $130. 10. Performed repair services worth $990 on account. 11. Collected cash of $100 for services billed in transaction (10). Prepare a tabular analysis of the transactions. Revenue is called Service Revenue. (if transaction causes a decrease in Assets, Liabile Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item th reduced. See Illustration 1-8 for example.) Stockholders' Equity k, Inc. abilities structure.com/courses/1377185/assignments/6050001?module_item_id=14401440 Metlock, Inc. Income Statement e Textbook and Media List of Accounts Attempts: unlimite Save for Later