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Required information The following information applies to the questions disployed below] Gabi Gram started The Gram Company, a new business that began operations on May

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Required information The following information applies to the questions disployed below] Gabi Gram started The Gram Company, a new business that began operations on May 1. The Gram May 1 The company rented a furnished office and paid $2,200 cash for May's rent. May 3 The company purchased $1,860 of equipment on credit. May $ The company paid $770 cash for this May 8 The company provided consulting May 8 The company provided cash for this eonth's cleanit. collected 55 , 2 eee of this month. May 20 The company received $2,500 cash payment for the services provided on May 22 The company provided $3,100. May 25 The company provided $3,180 of consulting services on credit. May 22 . May 26 The company paid $1,860 cash for payment for the services provided on May 27 The company purchased $85 of for the equipnent purchased on May 3. half of this paid $770 cash for an ast on credit. May 30 The company paid 5400 cash tor an assistant's salary for the second May 30 The company paid $290 cash for this month's telephone bilt. shareholder). 2.b. Prepare the income statement for May. 2-c. Prepare the statement of retained earnings for May. 3. Prepare the stotemce sheet for May 31. Complete this question by entering your answers in the tabs below. 2A \begin{tabular}{|l|l|} \hline Required2A & Required \\ \hline Prepare the statement an _.. & 3 \\ \hline & mings for May. \\ \hline \end{tabular}

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