e following information applies to the questions displayed below Gabl Gram started The Gram Co., a new business that began operatlons on May 1. The Gram Co. completed the following transactions during Its first month of operations May 1 G. Gram Invested $40,000 cash In the company. 1 The company rented a furnished office and pald $2,600 cash for May's rent. 3 The company purchased $1.890 of office equipment on credit. 5 The company pald $790 cash for this month's cleanIng servlces. 8 The company provided consulting services for a client and Immediately collected $5,600 cash. 12 The company provided $2,500 of consulting services for a client on credit. 15 The company paid $760 cash for an assistant's salary for the first half of this month. 20 The company recerved $2,500 cash payment for the servlces provlded on May 12. 22 The company provided $3,400 of consultIng services on credit. 25 The company recerved $3.400 cash payment for the services provlded on May 22. 26 The company paid $1,890 cash for the office equlpment purchased on May 3 27 The company purchased $80 of advertisIng In this month's (May local paper on credit cash payment Is due June 1. 28 The company paid $760 cash for an assistant's salary for the second half of this month. 30 The company pald $300 cash for this month's telephone blll. 30 The company pald $270 cash for this month's utlltles. 31 G. Gram withdrew $1.700 cash from the company for personal use