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77% 4 Bookmarks People Tab Window Help For X Untix 1 x 5 Refix New Tab x Ga, 8 > Relix O Que x 3

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77% 4 Bookmarks People Tab Window Help For X Untix 1 x 5 Refix New Tab x Ga, 8 > Relix O Que x 3 Jcourses/45892/assignments/5078394 Question 1 View Policies Show Attempt History Current Attempt in Progress Selected transactions for Blossom Corporation during September 2018, its first month in business, are presented below: Sept. 1 Issued common shares in exchange for $19,000 cash. 2 Paid $1,500 cash for rent for the month of September. 5 Purchased equipment for $10,000, paying $1,900 in cash and the balance on account. 8 Earned $7.200 in revenue, receiving $1,000 cash and $6,200 on account of services provided 12 Incurred $600 in advertising expense on account. 20 Paid $2,900 for repairs and maintenance expenses. 25 Paid $4,500 cash on balance owed for equipment. 27 incurred and paid income taxes for the month amounting to $800. 30 Declared and paid a $500 cash dividend. (a) Your answer is correct. Prepare an equation analysis of the September transactions. Use the following format. (If an amount reduces the account bu a negative sign preceding the number es. -15,000 or in parenthesis es. (15,000 23 75 Set 4:42 AM . Bookmarks People Tab Window Help HOX + COX NP on courses/45892/assignments/5070304 Your answer is partially correct. Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required select "No Entry for the account titles and enter for the amounts Record journal entries in the order presented in the problem Debit Credit Date Account Titles and Explanation 19000 19000 Common Shares 1500 Rent Expense No Entry 1900 Accumulated Depreciation Equiment Accounts Payable 8100 Sept. 8 C 1000 Accounts Receive 6200 Accounts Payable 800 Advertising Experte 500 Sept. 200 200 2900 So O * & S 4 3 5 6 7 8 9 0 delete E R. . Y U 0 P Sat4:42 AM + Pecoleta Window Help 1 58925078304 HE NE Accumulated Depreciation. Enviament 8100 Accounts Payable 1000 Sept Cash 6300 Accounts Receivable Service Revenue 600 Accounts Payable 600 Advertiser 2000 Sent 201 and McExpense 4500 800 600 De Decand & 7 6 delete 9 5 8 0 R w . U Y

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