Transcribed image text: Question 5 --/1 ew Policies urrent Attempt in Progress Oriole Company entered into these transactions during May 2022, its first month of operations. 1. Stockholders invested $43,000 in the business in exchange for common stock of the company. 2. Purchased computers for office use for $29,500 from Ladd on account. 3. Paid $4,300 cash for May rent on storage space. 4. Performed computer services worth $16,800 on account. 5. Performed computer services for Wharton Construction Company for $6,600 cash. 6. Paid Western States Power Co. $8,600 cash for energy usage in May, 7. Paid Ladd for the computers purchased in (2) 8. Incurred advertising expense for May of $2,300 on account. 9. Received $11,600 cash from customers for contracts billed in (4). Following tabular analysis show the effect of each transaction on the accounting, venues or expenses in the far right column. (If a