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Please show work! Required information [The following information applies to the questions displayed below.] Gabi Gram started The Gram Co., a new business that began
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Required information [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 $41,500 cash in the company in exchange for its comnon stock. 1 The company rented a furnished office and paid $2,500 cash for May's rent. 3 The company purchased $1,910 of office equipment on credit 5 The company paid $800 cash for this month's cleaning services. 8 The company provided consulting services for a client and immediately collected $6,000 cash. 12 The company provided $2,900 of consulting services for a client on credit. 15 The company paid $790 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 $3,000 of consulting services on credit. 25 The company received $3,000 cash payment for the services provided on May 22. 26 The company paid $1,910 cash for the office equipment purchased on May 3. 27 The company purchased $80 of advertising in this month's (May) local paper on credit; cash payment is due June 1. 28 The company paid $790 cash for an assistant's salary for the second half of this month. 30 The company paid $300 cash for this month's telephone bil1. 30 The company paid $270 cash for this month's utilities. 31 The company paid $1,900 cash in dividends to the owner (sole shareholderStep by Step Solution
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