Check my wor Required information Problem 1-7A Analyzing transactions and preparing financial statements LO P1, P2 [The following information applies to the questions displayed below Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co completed the following transactions during its first month of operations, May 1 G. Gran invested $42,500 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,600 cash for May's rent. 3 The company purchased $1,938 of office equipment on credit. 5 The company paid $770 cash for this month's cleaning services. 8 The company provided consulting services for a client and immediately collected $5,600 cash. 12 The company provided $2,800 of consulting services for a client on credit. 15 The company paid $72e cash for an assistant's salary for the first half of this month. 20 The company received $2,800 cash payment for the services provided on May 12. 22 The company provided $3,4ee of consulting services on credit. 25 The company received $3,400 cash payment for the services provided on May 22. 26 The company paid $1,930 cash for the office equipment purchased on May 3. 27 The company purchased $85 of office equipment on credit. 28 The company paid $720 cash for an assistant's salary for the second half of this month. 30 The company paid $350 cash for this month's telephone bill. 30 The company paid $270 cash for this month's utilities. 31 The company paid $1,500 cash in dividends to the owner (sole shareholder). required: Enter the amount of each transaction on individual items of the accounting equation. Do not determine new account balances after ach transaction (Enter the transactions in the given order. Enter reductions to account balances with a minus sign. Select "NA" it ne transaction does not include an expense.) Assets Accounts Receivable Equity Date Cash Office Equipment Liabilities Accounts Payable Common Stock Dividends + Revenues Expenses Account Titles for Expenses May 1 1 Cleaning 3 5 8 12 15 2011 NA Rent Salary 11 8 12 Cleaning NA Rent Salary 20 22 25 26 27 LI + 28 30 30 31