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 1 Gabi Gram invested $41,000 cash in the company. May 1 The company rented a furnished office and paid $2,400 cash for May's rent. May 3 The company purchased $1,900 of equipment on credit. May 5 The company paid $750 cash for this month's cleaning services. May 8 The company provided consulting services for a client and immediately collected $5,700 cash. May 12 The company provided $2,900 of consulting services for a client on credit. May 15 The company paid $740 cash for an assistant's salary for the first half of this month. May 20 The company received $2,900 cash payment for the services provided on May 12. May 22 The company provided $3,700 of consulting services on credit. May 25 The company received $3,700 cash payment for the services provided on May 22. May 26 The company paid $1,900 cash for the equipment purchased on May 3. May 27 The company purchased $80 of equipment on credit. May 28 The company paid $740 cash for an assistant's salary for the second half of this month. May 30 The company paid $400 cash for this month's telephone bill. May 30 The company paid $290 cash for this month's utilities. May 31 Gabi Gram withdrew $1,800 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. Assets = Liabilities + Equity Date Account Titles Cash + Accounts Receivable + Equipment = Accounts Payable Gabi Gram, + - Capital Gabi Gram, Withdrawals + Revenues - Expenses for Expenses May 1 $41,000 + $ 0 + $ 0 = + $ 0 May 1 + + = 2,400 + May 3 37,600 + + = + 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 = + $78,600 + $ 0+ $ 0 = $ 2,400 + $ 0 $ 0 + $ 0 + + + + + + + + + + + + + + + $ 0 + $ 0 $ 0 IIIIIIIIIIII $