[The following information applies to the questions displayed below.] Following are the transactions of Green...
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[The following information applies to the questions displayed below.] Following are the transactions of Green Company. May 1 The company provided $2,900 of sustainability consulting services on credit to a customer. 3 The company purchased $750 of energy-efficient supplies on credit. 9 The company collected $1,400 cash as partial payment of the May 1 consulting revenue. 20 The company paid $750 cash toward the payable for energy-efficient supplies. 31 The company paid $550 cash for May's renewable energy utilities. Analyze each transaction of the Green Energy Company by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including + or -) for each transaction. Use the following partial chart of accounts: Cash; Accounts Receivable; Supplies; Accounts Payable; Consulting Revenue; and Utilities Expense. Date Assets = Liabilities + Eq = + May 1 May 3 May 9 = + II + = + = + May 20 May 31 = +
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