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Current Attempt in Progress Selected transactions for Sheridan Corporation during its first month in business are presented below. Sept. 1 5 8 14 25 30
Current Attempt in Progress Selected transactions for Sheridan Corporation during its first month in business are presented below. Sept. 1 5 8 14 25 30 Issued common stock in exchange for $18,200 cash received from investors. Purchased equipment for $8,670, paying $2,550 in cash and the balance on account. Performed services on account for $19,700. Paid salaries of $2,900. Paid $2,900 cash on balance owed for equipment. Paid $520 cash dividend.
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