Question: Transaction Data is what in the chart Required information Use the following information for the Problems below. (Algo) Skip to question [The following information applies
Transaction Data is what in the chart
Required information
Use the following information for the Problems below. (Algo)
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[The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Companys records show the following. Hint: The owner invested $1,300 cash during the year.
| Cash | $ 10,300 |
|---|---|
| Accounts receivable | 9,300 |
| Supplies | 6,300 |
| Equipment | 5,300 |
| Accounts payable | 11,600 |
| Armani, Capital, December 31, prior year | 16,300 |
| Armani, Capital, December 31, current year | 19,600 |
| Armani, Withdrawals | 13,300 |
| Consulting revenue | 33,600 |
| Rental revenue | 22,600 |
| Salaries expense | 20,300 |
| Rent expense | 12,300 |
| Selling and administrative expenses | 8,300 |
Problem 1-7A (Algo) Part 1
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.)

Date Assets Accounts Receivable Liabilities Accounts Payable Equity G. Gram, Withdrawals Cash + Equipment G. Gram, Capital = Account Titles Expenses for Expenses + + Revenues + + + + + May 1 May 1 + + + = + + May 3 + + = + + + = + + + + + = + + + + + + + + + + + + + + + + + May 5 May 8 May 12 May 15 May 20 May 22 May 25 May 26 May 27 May 28 May 30 May 30 May 31 + + + + + + - + + + + + + + + = + + + + + + + + + + + + = + + $ 0 + $ $ 0 + $ 0 = $ 0 + $ 0 $ 0 + $ 0 $ 0
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