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 $40,000 cash in the company in exehange for itil comnon stoek. May 1 the coapany rented a furnished oftice and paid $2,300 cash for May' n rent. May 3 The conpany purchased $1,920 of equipent on credit. May 5 the company paid $750 cash for this month's eleaning services. Mny 8 The coepany provided consulting wervices for a elient and immediately collected $5,900 cash. May 12 The conpany provided $2,700 of consulting services for a elient on credit. Nay 15 the company paid $760 cash for an assistant's salary for the first half of this month. May 20 The company received $2,700 cash payment for the services provided on May 12. May 22 The company provided $3,700 of consulting rervices on credit. May 25 the company received $3,700 cash payment for the servicen provided on May 22. May 26 the conpany paid $1,920 cash for the equipenent purchased on May 3 . May 27 The company purehased $75 of equipnent on eredit. Nay 28 The company paid $760 cash for an assistant's malary for the second half of this nonth. May 30 The conpany paid $350 cash for this month's telephone bill. May 30 The company paid $260 cash for this month's utilities. May 31 the conpany paid $1,900 cash in dividends to the owner (sole shareholder). Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (Enter the transactions in the given order. Enter reductions to account balances with a minus sign. Select "NA" for account tities if the transaction does not include an expense.) Nay 27 The eompany purehased $75 of equipment on eredit. May 28 The company paid $760 cash for an aneistant' n malary for the anecond half of thin month. Mny 30 the conpany paid $350 eash for this month's telephane bil1. Kay 30 the eospany paid $260 cauk for thin month' utilities. Nay 31 the conpany paid $1,900 canh in dividends to the ovner (mole shareholder). Required: 1. Enter the amount of each transaction on individual items of the accounting equation. (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.)