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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 $3,000
Required information [The following information applies to the questions displayed below.] Following are the transactions of Green Energy Company. May 1 The company provided $3,000 of sustainability consulting services on credit to a customer. May 3 The company purchased $800 of energy-efficient supplies on credit. May 9 The company collected $1,500 cash as partial payment of the May 1 consulting revenue. May 20 The company paid $800 cash toward the payable for energy-efficient supplies. May 31 The company paid $600 cash for May's renewable energy utilities. nalyze each transaction of the Green Energy Company by showing its effects on the accounting equation-specifically, identify the ccounts and amounts (including + or -) for each transaction. Use the following partial chart of accounts: Cash; Accounts Receivable; upplies; Accounts Payable; Consulting Revenue; and Utilities Expense. uestions displayed below.] ergy Company. sustainability consulting services on credit to a customer. mergy-efficient supplies on credit. ish as partial payment of the May 1 consulting revenue. Ird the payable for energy-efficient supplies. May's renewable energy utilities. ompany by showing its effects on the accounting equation-specifically, identify the transaction. Use the following partial chart of accounts: Cash; Accounts Receivable; :; and Utilities Expense
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