inced [The following Information applies to the questions displayed below.] 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 G. Gram invested $44,500 cash in the company in exchange for its common stock. May 1 The company rented a furnished office and paid $2,600 cash for May's rent. May 3 The company purchased $1,880 of equipment on credit. May 5 The company paid $790 cash for this month's cleaning services. May 8 The company provided consulting services for a client and immediately collected $6,000 cash. May 12 The company provided $2,600 of consulting services for a client on credit. May 15 The company paid $770 cash for an assistant's salary for the first half of this month. May 20 The company received $2,600 cash payment for the services provided on May 12. May 22 The company provided $3,300 of consulting services on credit. May 25 The company received $3,300 cash payment for the services provided on May 22. May 26 The company paid $1,880 cash for the equipment purchased on May 3. May 27 The company purchased $85 of equipment on credit. May 28 The company paid $770 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 The company paid $1,700 cash in dividends to the owner (sole shareholder). 252... Equity Dividends Revenues Expenses Account Titles for Expenses 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 4 Accounts Receivable + Equipment Accounts Payable Common Stock Date Cash May 1 $44,500+ May 1 2.300 + May 3 May 5 0 May 8 2,600 May 12 May 15 + + May 20 May 22 May 25 May 26 May 27 May 28 May 30 May 30 May 31 + = $49,700 10 T D + + 4 + E 4 T