G. Analyze, Record, and post to General Ledger/T-Account the following transactions: May 1: G. Gram invested $40,000 cash in The Gram Co. in exchange for its common stock May 3: Purchased $1,800 office equipment on credit May 8: Provided consulting services for a client and immediately collected $5,400 cash Jun 1: Provided $3,000 consulting services for a client on credit Jun 5. Paid $800 for employee salaries Jun 20. Received payment for the services provided Jun 1. Date Cash * Remember Mnemonic: D.E.A.D . Dividend Expense Asset >>>normal Debit Balance Increase GENERAL ENTRIES Account Title and Explaination Date Debit Credit T Account Lediger Post to Ledger/T-Account EQUITY T FEE