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Exercise 2-12 Sclected transactions for Alvarado Company during its first month in business are presented below Sept. 1 Invested $10,100 cash in the business in
Exercise 2-12 Sclected transactions for Alvarado Company during its first month in business are presented below Sept. 1 Invested $10,100 cash in the business in exchange for common stock. S 25 30 Purchased equipment for $13,300 paying $5,800 in cash and the balance on account. Paid $1,910 cash on balance owed for equipment. Declared and paid a $740 cash dividend. Alvarado's chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, No. 311 Common Stock, and No. 332 Dividends. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amo Dabe Account Titles and Debit Credit Sept. 1 Sept. 5 Sept. 25 Sept. 30
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