Exercise 3-14 (Part Level Submission) Selected transactions for Indigo Corporation during its first month in business are presented below. Sept. 1 5 8 Issued common stock in exchange for $18,300 cash received from investors. Purchased equipment for $8,540, paying $2,870 in cash and the balance on account. Performed services on account for $18,000. Paid salaries of $1,200. Paid $3,030 cash on balance owed for equipment. Paid $830 cash dividend. 14 25 30 Your answer is partially correct. Try again. Complete a tabular analysis of the September transactions. (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 3-3 for example.) Assets Labilities Stockholders' Equity Retained Earnings Revenues Expenses Dividends Cash + Accounts Receivable + Equipment = Accounts Payable + Common Stock + 18300 Sept. 18300 8540 Sept. 5 5670 18000 Sept. 8 18000 Sept. 14 Sept. 25 Sept. 30 830 18000 85401 - 18300 1200 18000 EPIT