help me please Blossom Company, a computer services company, entered into these transactions...
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Blossom Company, a computer services company, entered into these transactions during May 2017, its first month of operations. 1. Stockholders invested $33,500 in the business in exchange for common stock of the company 2. Purchased computers for office use (recorded as Equipment) for $27,200 from Ladd on account. 3. Paid $3,700 cash for May rent on storage space. 4. Performed computer services worth $18,000 on account 5. Performed computer services for Wharton Construction Company for $3,200 cash. 6. Paid Western States Power Co. $8,900 cash for energy usage in May 7. 8. 9. Paid Ladd for the computers purchased in (2). Incurred advertising expense for May of $1,700 on account. Received $13,700 cash from customers for contracts billed in (4) Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to revenues or expenses in the right-hand column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders Equity, place a negative sion (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)
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