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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 $2,700
Required information [The following information applies to the questions displayed below.] Following are the transactions of Green Energy Company. May 1 The company provided $2,700 of sustainability consulting services on credit to a customer. May 3 The company purchased $650 of energy-efficient supplies on credit. May 9 The company collected $1,200 cash as partial payment of the May 1 consulting revenue. May 20 The company paid $650 cash toward the payable for energy-efficient supplies. May 31 The company paid $450 cash for May's renewable energy utilities. alyze each transaction of the Green Energy Company by showing its effects on the accounting equation-specifically, identify the counts and amounts (including + or -) for each transaction. Use the following partial chart of accounts: Cash; Accounts Receivable; applies; Accounts Payable; Consulting Revenue; and Utilities Expense. Date May 1 May 3 May 9 May 9 May 20 May 31 Assets = = = = = = = Liabilities + Ed + + + + + + lit to a customer. cing revenue. Les. g equation-specifically, identify the ccounts: Cash; Accounts Receivable; Liabilities + Equity + + + + + +
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