Dave SET SUD Gabi Gram started The Grom Company, a new business that begon operations on May 1. The Gram Company completed the following transactions during its first month of operations. May 1 o. Gram Invested 642,500 cash in the company in exchange for its common stock May 1 The company rented a furnished office and paid $2,400 cash for May's rent. May) The company purchased $1,870 of equipment on credit. May 5 The company pald 6790 cash for this month's cleaning services May. The company provided consulting services for a client and Innediately collected $5,400 cash. May 12 The company provided $2,500 ot consulting services for mellent on credit. May 15 The company paid 5770 canh for an assistant's salary for the first half of this month. May 20 The company received $2,500 cash payment for the services provided on May 12. May 22 The company provided 54,000 of consulting services on credit. May 25 The company received $4,000 cash payment for the services provided on May 22. May 26 The company paid $1,670 cash for the equipment purchased on May ). May 27 The company purchased as of equipment on credit. May 28 The company paid 6770 cash for an assistanta dalaxy for the second half of this month. May 30 The company paid $350 cash for this month's telephone bill. May 30 The company paid $260 cash for this month utilities May 01 the company paid $2,000 cash in dividende to the owner Cole whareholder); Required: 1. Enter the amount of each transaction on individual items of the accounting equation (Enter the transactions in the given order Enter reductions to account balances with a minus sign. Select "NA" for account titlos if the transaction does not include an expense.) Equity Assets Accounts Receivable Liabilities Accounts Payable Account Titles for Expenses Date Cash Common Stock Equipment Dividende . Revenues Expenses . - May 1 May 1 May 3 . LU Pro 12 RE Next