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CALCULA Exercise 3-15 Selected transactions for Flint Corporation during its first month in business are presented below. Sept. 1 5 8 14 Issued common stock

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CALCULA Exercise 3-15 Selected transactions for Flint Corporation during its first month in business are presented below. Sept. 1 5 8 14 Issued common stock in exchange for $18,800 cash received from investors. Purchased equipment for $8,690, paying $2,840 in cash and the balance on account. Performed services on account for $19,900. Paid salaries of $3,100. Paid $3,120 cash on balance owed for equipment. Paid $630 cash dividend. 25 30 Complete a tabular analysis of the September transactions. For transactions affecting stockholders' equit decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) item that was reduced. See Illustration 3-4 for example.) Help System Announcements CALCULATOR PRIN Date Account Titles and Explanation Debit Credit I >

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