Required information [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 $43,500 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 $1,930 of equipment on credit. May 5 The company paid $770 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 $3,100 of consulting services on credit. May 25 The company received $3,100 cash payment for the services provided on May 22.1 May 26 May 27 The company paid $1,930 cash for the equipment purchased on May 3. The company purchased $75 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 $300 cash for this month's telephone bill. May 30 The company paid $290 cash for this month's utilities. May 31 The company paid $1,600 cash in dividends to the owner (sole shareholder). 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. 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. 44 Assets Liabilities Equity Date Account Titles Cash Accounts Receivable Equipment Accounts Payable Common Stock Dividends +Revenues - Expenses for Expenses May 1 May 1 . + . May 3 May 5 May 8 May 12 May 15 May 20 + May 22 May 25 . May 20 May 27 May 28 +4 May 301 May 30 1 May 31