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ew Policies arrent Attempt in Progress The following transactions of Carswell Wholesale Inc. occurred in the month of September: Date: Sept. 1 Issued 150 common

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ew Policies arrent Attempt in Progress The following transactions of Carswell Wholesale Inc. occurred in the month of September: Date: Sept. 1 Issued 150 common shares for $15,000. 4 To raise additional capital, Carswell borrowed $8,200 from the bank on a long-term loan. 7 Purchased equipment for $3,700. 9 Purchased inventory costing $2,100 on account. 15 Sold units from inventory to customers, on account, for $3,300. 19 Purchased additional inventory, on credit, at a cost of $1.700 to replace the units sold. 20 Made payments of $2,200 on its accounts payable. 21 Purchased a used delivery van for $12,300. 28 At month end, counted inventory and determined that the cost of the units sold on September 15 totalled $1,500. 28 Paid employee wages of $600 for the month. 29 Received an invoice from the local newspaper for $300 for advertising run during the month of September. The invoice is due on October 15. 30 Paid utilities costs of $120 for the month. 30 During the month. Carswell received $1,800 from customers as payments on their accounts. Analyze and record these transactions. (Enter amounts that decrease account balance using either a negative sign preceding the number e.g.-45 or parentheses eg. (45). Indicate whether it is Revenues, Expenses or Dividends declared in the last column. In case if there is no effect then select "Not Applicable". Post entries in the order presented in the problem statement.) Assets Accounts Renewable Date/Rat Finment Cach Inuentru en select "Not Applicable". Post entries in the order presented in the problem statement.) Assets Date/Ref. Accounts Receivable Cash Inventory Equipment -75 nen select "Not Applicable". Post entries in the order presented in the problem statement.) Delivery Van Liabilities Accounts Payable Bank Loan Payable Shareholders' Equity Common Shares Question 2 of 4 -/5 then select "Not Applicable". Post entries in the order presented in the problem statement.) Bank Loan Payable Shareholders' Equity Common Shares Retained Earnings Revenues/Expenses/ Dividends Declared

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