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Gabi Gram started The Gram Company, a new business that began operations on May 1. The Gram Company completed the following transactions during its first

Gabi Gram started The Gram Company, a new business that began operations on May 1. The Gram Company completed the following transactions during its first month of operations.

May 1Gabi Gram invested $42,000 cash in the company.
May 1The company rented a furnished office and paid $2,200 cash for May's rent.
May 3The company purchased $1,890 of equipment on credit.
May 5The company paid $720 cash for this month's cleaning services.
May 8The company provided consulting services for a client and immediately collected $5,200 cash.
May 12The company provided $2,600 of consulting services for a client on credit.
May 15The company paid $780 cash for an assistant's salary for the first half of this month.
May 20The company received $2,600 cash payment for the services provided on May 12.
May 22The company provided $3,300 of consulting services on credit.
May 25The company received $3,300 cash payment for the services provided on May 22.
May 26The company paid $1,890 cash for the equipment purchased on May 3.
May 27The company purchased $80 of equipment on credit.
May 28The company paid $780 cash for an assistant's salary for the second half of this month.
May 30The company paid $400 cash for this month's telephone bill.
May 30The company paid $260 cash for this month's utilities.
May 31Gabi Gram withdrew $2,000 cash from the company for personal use.

Required:

1. Enter the amount of each transaction on individual items of the accounting equation.

Note: Enter the transactions in the given order. Enter reductions to account balances with a minus sign. Select "NA" for account titles if the transaction does not include an expense.

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Equity Gabi Gram, Withdrawals + Revenues Expenses Account Titles for Expenses | Assets = Liabilities + Date Accounts Accounts Cash + Receivable + Equipment = Gabi Gram, + Payable Capital May 1 + + = + May 1 + + = + May 3 + + + May 5 + + + May 8 + + + May 12 + + = + May 15 + + + May 20 + + = + May 22 + + = + May 25 + + + May 26 + + + May 27 + + = + May 28 + + May 30 + + = ++ May 30 + + + May 31 + + 0 EA + EA 0+ $ 0 II 0 + + $ | || | || + + + ++ + + + | + + + + + + + + $ 0 + $ 0 0

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