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even the account titles for expenses have to be answered. those options are cleaning, NA, Rent, Salary. I did a different before this one and

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even the account titles for expenses have to be answered. those options are cleaning, NA, Rent, Salary. I did a different before this one and got all those wrong cause I didnt mark them.

Chec 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. Gram invested $44,500 cash in the company. 1 The company rented a furnished office and paid $2,300 cash for May's rent. 3 The company purchased $1,900 of office equipment on credit. 5 The company paid $730 cash for this month's cleaning services. 8 The company provided consulting services for a client and immediately collected $5,500 cash. 12 The company provided $2,900 of consulting services for a client on credit. 15 The company paid $750 cash for an assistant's salary for the first half of this month. 20 The company received $2,900 cash payment for the services provided on May 12. 22 The company provided $3,900 of consulting services on credit. 25 The company received $3,900 cash payment for the services provided on May 22. 26 The company paid $1,900 cash for the office equipment purchased on May 3. 27 The company purchased $80 of office equipment on credit. 28 The company paid $750 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 $290 cash for this month's utilities. 31 G. Gram withdrew $1,400 cash from the company for personal use. Problem 1-7A Part 1 III Prev 1 2 of 2 Next > C W Required information + Assets Accounts Receivable Liabilities Accounts Payable Date Equity G. Gram + Withdrawals Cash Office Equipment + + G. Gram Capital + Revenues Expenses Account True for Expense 1 May + + + + - 1 + + + + - + + 3 - + + + + + 5 + - + 8 - + + + + + - 12 + + + 15 + + + = + - + + 20 + + + + = + 22 - + + + 25 = + + 26 = = + + + + + + 27 + + + = 28 12 of 2 HE Prev Next > w 3 N 12 + + 15 + + + 20 + + = + 22 + + + + 25 + + + 26 + + + 27 + + + + + + + + + 28 + + + 30 + + + 30 + + + + 31 + + + + + + + + 111 of 2 1 2 ini Prev Next

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