I need help finding what I am missing. Gabi Gram started The Gram Co., a new business

 

I need help finding what I am missing.  
 
 

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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 6. Gram Invested $43,500 cash in the company. 1 The company rented a furnished office and paid $2,200 cash for May's rent. 3 The company purchased $1,930 of office equipment on credit. 5 The company paid $730 cash for this month's cleaning services. #The company provided consulting services for a client and immediately collected $5,100 cash. 12 The company provided $2,700 of consulting services for a client on credit. 15 The company paid $790 cash for an assistant's salary for the first half of this month. 20 The company received $2,700 cash payment for the services provided on May 12. 22 The company provided $3,800 of consulting services on credit. 25 The company received $3,800 cash payment for the services provided on May 22. 26 The company paid $1,930 cash for the office equipment purchased on May 3. 27 The company purchased $80 of office equipment on credit. 28 The company paid $790 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 6. Gran withdrew $1,700 cash from the company for personal use. 2-a. Prepare income statement for May 2-b. Prepare statement of owner's equity for May 2-c. Prepare Balance Sheet for May 31 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 2A Required 201 Required 20 THE GRAM CO. Income Statement Required 3 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 6. Gram Invested $43,500 cash in the company. 1 The company rented a furnished office and paid $2,200 cash for May's rent. 3 The company purchased $1,930 of office equipment on credit. 5 The company paid $730 cash for this month's cleaning services. #The company provided consulting services for a client and immediately collected $5,100 cash. 12 The company provided $2,700 of consulting services for a client on credit. 15 The company paid $790 cash for an assistant's salary for the first half of this month. 20 The company received $2,700 cash payment for the services provided on May 12. 22 The company provided $3,800 of consulting services on credit. 25 The company received $3,800 cash payment for the services provided on May 22. 26 The company paid $1,930 cash for the office equipment purchased on May 3. 27 The company purchased $80 of office equipment on credit. 28 The company paid $790 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 6. Gran withdrew $1,700 cash from the company for personal use. 2-a. Prepare income statement for May 2-b. Prepare statement of owner's equity for May 2-c. Prepare Balance Sheet for May 31 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 2A Required 201 Required 20 THE GRAM CO. Income Statement Required 3

Answer rating: 100% (QA)

THE GRAM CO Statement of Cash Flows For Month Ended May 31 Cash Flows Amount Cash flows from opera... View the full answer