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Complete a tabular analysis of the September transactions. For transactions affecting stockholders equity, provide explanations in the far right column. (If a transaction causes a
Complete a tabular analysis of the September transactions. For transactions affecting stockholders equity, provide explanations in the far right column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example.)
Selected transactions for Novas Corp. during its first month in business are presented below. - Sept.1 tssued common stockin excharge for $18.700 cashreceived from itrestors: 5 Purchased equipinent or $8,810,p.xyng$2,910 in cash and the balance dn account. 9 Perfomed services onaccount for $19,000. 14 Paidsalariesof $2.200. 25 Paid $3,320 cash on balance awed for equipment. 30 Pabd\$560 iash dividend. sest.5 Scieis: sept 14 Sept.25 Sept 30 ETextbook and Media Lst of Arcaunts Question 7 of 4 -thtedecef see theifration 3 toe eximple
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