RO 2 Required information [The following information applies to the questions displayed below.) Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co, completed the following transactions during its first month of operations. May 1 G. Grom invested $40,000 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,200 cash for Hayrent. 3 The company purchased $1,890 of office equipment on credit. 5 The company paid $750 cash for this month's cleaning services. 8 The company provided consulting services for a client and immediately collected $5,400 cash 12 The company provided $2,500 of consulting services for a client on credit. 15 The company paid $750 cash for an assistant's salary for the first half of this month. 20 The company received $2,500 cash payment for the services provided on May 12. 22 The company provided 53,200 of consulting services on credit. 25 The company received $3,200 cash payment for the services provided on May 22. 26 The company paid $1,890 cash for the office equipment purchased on May 3. 27 The company purchased $80 of office equipment on credit. 28 The company paid $750 cash for an assistant's salary for the second half of this month. 30 The company paid $300 cash for this month's telephone bill. 30 The company paid $280 cash for this month's utilities 31 The company paid $1,400 cash in dividends to the owner (sole shareholder). Required: 1. Enter the amount of each transaction on individual items of the accounting equation. Do not determine new account balances after each transaction (Enter the transactions in the given order. Enter reductions to account balances with a minus sign.) 6 Part 12 . 12.5 point . + . + + - - + + Required information ansaction (Enter the transactions in the given order. Enter reductions to account balances with a minus sign.) Assets - Liabilities Equity Cash Accounts Office Accounts Commen Receivable Dividends + Revenues Equipment Expenses Payable Stock 1 $40,000 $ 40.000 - + 12.200) - 2,200 3 1.000 - 1.800 5 1750) 750 B 5.400 5.400 12 2.500 2,500 15 (750) 750 20 2.500 (2.500) 22 . 32001 - 3,200 25 3.200 - (3.200) 20 11.690) - 11.890) 27 80 20 (760). 750 30 (300) 300 30 (200) 260 31 1.400) 1,400 $42.780 + S 1.800 5 00 40.000 1400 5 11.100 $ 5.030 References + + + + . + + 0 . $ + $ $ Den we