Saved 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 16. Gran invested $43,000 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,400 cash for May's rent. The company purchased $1,860 of equipment on credit. 5 The company paid $790 cash for this month's cleaning services. 8 The company provided consulting services for a client and inediately collected $5,900 cash. 12. The company provided $2,900 of consulting services for a client on credit. 15 The company paid $73e cash for an assistant's salary for the first half of this month. 20 The company received $2,900 cash payment for the services provided on May 12. 22 The company provided $3,900 of consulting services on credit. 25 The company received $3,900 cash payment for the services provided on May 22. 26. The company paid $1,860 cash for the equipment purchased on May 3. 27 The company purchased $80 of equipment on credit. 28 The company paid $730 cash for an assistant's salary for the second half of this month. 30 The company paid 5.300 cash for this month's telephone 5:11. 30 The company paid 3250 cash for this month's utilities 31 The company paid $1,800 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 titles if the transaction does not include an expense.) Assets Equity Liabilities Accounts Payable Date Cash Accounts Receivable Equipment Common Stock Dividends Revenues Expenses Account Titles for Expenses 12 Neyt Required information Enter reductions to account balances with a minus sign. Select "NA" Tor account trties ir the transaction does not include an expense.) Assets Equity Liabilities Accounts Payable Date Accounts Receivable Cash + Equipment Common Stock Account Titles Dividends Revenues Expenses May + 12 15 20 27 1818 to search