You start a consulting business on May $1$ and had the below$-$noted transactions during the month. Analyze the transactions using the critical and enhancing questions and record the business activities using the expanded accounting equation. The chart is provided on the next page. Ensure the totals at the bottom of the chart equal! Note: the credit card you use is a business credit card that is used exclusively for business purchases.

$1.$ You invested $$2,500$ of cash into a business.

$2.$ You borrowed $$2,500$ from your parents. The loan must be repaid by July $1.$

$3.$ Registered a business name with Service Ontario, $$60,$ using a credit card. You will pay off the credit card at the end of this month.

$4.$ Purchased office supplies for $$400,$ plus HST$,$ using a credit card.

$5.$ Paid cash for $500$ business cards from Staples for $$60.$

$6.$ Received cash from customers for consulting services provided, $$930.$

$7.$ Attended a one$-$day conference to network and paid the conference fee of $$500,$ plus HST$,$ using the credit card.

$8.$ Used up half of the business cards during the conference.

$9.$ At the end of the month you had $$262$ of office supplies remaining.

$10.$ Paid the credit card for all business expenses using cash.