2.3 Prepare Balance Sheet for May 31 Answer is not complete. THE GRAM CO. Balance Sheet May 31 Assets Liabilities S 42,780Accounts payable80 Cash Office equipment1,890 Equity 40,000 Common stock Retained earnings Total equity Total liabilties and 40,000 44,670 $ 40,080 Total assets equity 2.3 Prepare Balance Sheet for May 31 Answer is not complete. THE GRAM CO. Balance Sheet May 31 Assets Liabilities S 42,780Accounts payable80 Cash Office equipment1,890 Equity 40,000 Common stock Retained earnings Total equity Total liabilties and 40,000 44,670 $ 40,080 Total assets equity