4 of 5 < > View Policies Current Attempt in Progress Selected transactions for Sheridan Company during its first month in business are as follows. Sept. 1 Stockholders invested $12,400 cash in the business in exchange for common stock. 5 Purchased equipment for $10,200 paying $3,200 in cash and the balance on account. 25 28 Paid $2,140 cash on balance owed for equipment. 30 Declared and paid a $650 cash dividend. -13 E Sheridan's chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, No. 311 Common Stock, and No. 332 Dividends. (a) Question 4 of 5 > account titles and enter 0 for the amounts.) -13 E Date Account Titles and Explanation Debit Credit Sept. 1 t Cash Common Stock Sept 5 Equipment Cash Accounts Payable Sept 25 # Accounts Payable Cash Sept. 30 Dividends Cinh eTextbook and Media