Required information (The following information applies to the questions displayed below.) Following are the transactions of Green Energy Company. May 1 The company provided $2,800 of sustainability consulting services on credit to a customer. May 3 The company purchased $700 of energy efficient supplies on credit. May 9 The company collected $1,300 cash as partial payment of the May 1 consulting revenue. May 20 The company paid $700 cash toward the payable for energy efficient supplies. May 31 The company paid $500 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. Liabilities Date May 1 May 3 Mayo May 0 May 20 May 31 Accounts receivable Supplies Cash Accounts receivable Cash Cash Assets () increase () increase 7) increase (-) decrease (-) decrease (-) decrease 2.800 700 1,300 700 5001 500 + displayed below) mpany . ity consulting services on credit to a customer Sent supplies on credit al payment of the May 1 consulting revenue ble for enery officient supplies wable energy utilities. by showing its effects on the accounting equation-specifically, identify the tion. Use the following partial chart of accounts: Cash: Accounts Receivable INties Expense Liabilities Equity . 2.800 700 = 1300 700 500 500