Excel templates for selected exercises and problems provide students a framenork for volving in Freel. P1, (10 4), AP Fredosia Repair Inc, was started oe May L A summary of May transactions la presented as follones. 1.Stockholiters invested 5:0,000 cash in the business in exchange for common stock. 2. Purchaved equipenent foe $ s.0oo cach. 3. Paid $400 cash for May office rent. 4 Paid sgoo cash for supplies. 5. Incurred $250 of advertising conts in the Beocon Nrus on aceount. 7. Declared and paid a $ 700 cash dividend. 8. Pald part-time emplogre salaries 51,000. 9. Paid utility billi \$140: 10. Perforned repair services worth $1,100 an acosent. 11 Collected cash of $120 for services billed in trassaction (40). Check figures pewide a koy sumber to let you knone you ane on the right track. Instructions a. Prepare a tabalar analysis of the transactions using the following columa headings; Cash, Accounts Receivable, Supplies, Kquipment, Accounts Payable, Common a. Total assets 513,560