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136 3 The Accounting Information system Analyze E3-14 selected transactions for Therow Corporation during its first month in business are transactions, prepare journal entries, and post presented below. Sept. 1 common stock in exchange for $20,000 cash received from investors. 5 Purchased for $9,000, paying $3,000 in cash and the balance on transactions to Taccounts. (LO t, 40, AP account. 8 Performed services on account for $18,000. 14 Paid salaries of $1,200. 25 Paid $4,000 cash on balance owed for equipment. 30 Paid $500 cash dividend. Therow's chart of accounts shows Cash, Accounts Receivable, Equipment, Accounts Pay- able, Common stock, Dividends, Service Revenue, and Salaries and Wages Expense. Instructions September The column headings (a) Prepare a tabular analysis of the transactions. be nt Accounts Payable Stock Revenues Expenses Dividends For actions affecting stockholders' equity provide explanations in the right margin, as shown on Illustration 33 on page 99. (b) Journalize the transactions. Do not provide explanations (c) Post the transactions to accounts