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Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co, completed the followin transactio
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Answer #1
Date Cash + Accounts receivables + Office equipment = Accounts payable + Common stock - Dividends + Revenues - Expenses
1-May    44,500 + + = +                  44,500 - + -
1    (2,200) + + = + - + -         2,200
3 + + 1920 = 1920 + - + -
5       (720) + + = + - + -             720
8      5,700 + + = + - +          5,700 -
12 + 2900 + = + - +          2,900 -
15       (740) + + = + - + -             740
20      2,900 +                               (2,900) + = + - + -
22 +                                  3,800 + = + - +          3,800 -
25      3,800 +                               (3,800) + = + - + -
26      1,920 + + =                        (1,920) + - + -
27 + + =                                75 + - + -               75
28       (740) + + = + - + -             740
30       (400) + + = + - + -             400
30       (280) + + = + - + -             280
31    (1,900) + + = + -          1,900 + -
   51,840 +                                         -   +                           1,920 =                                75 +                  44,500 -          1,900 +        12,400 -         5,155
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