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Required Information The following information applies to the questions displayed below) Following are the transactions of Green Energy Company May 1 The company provided $3,900
Required Information The following information applies to the questions displayed below) Following are the transactions of Green Energy Company May 1 The company provided $3,900 of sustainability consulting services on credit to a customer. May 3 The company purchased $1,250 of energy-efficient supplies on credit. May 9 The company collected $2,400 cash as partial payment of the May 1 consulting revenue. May 20 The company paid $1,250 cash toward the payable for energy-efficient supplies. May 31 The company paid $1,050 cash for May's renewable energy utilities Analyze each transaction of the Green Energy Company by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including + or -) for each transaction. Use the following partial chart of accounts: Cash Accounts Receivable, Supplies, Accounts Payable: Consulting Revenue and Utilities Expense. Assets Liabilities Data May 1 May 3 May 9 May 9 May 20 May 31
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