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Exercise 3-14 (Part Level Submission) Selected transactions for Whispering Winds Corp. during its first month in business are presented below. Sept. 1 5 8 14

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Exercise 3-14 (Part Level Submission) Selected transactions for Whispering Winds Corp. during its first month in business are presented below. Sept. 1 5 8 14 25 30 Issued common stock in exchange for $20,800 cash received from investors. Purchased equipment for $9,220, paying $3,760 in cash and the balance on account. Performed services on account for $18,000. Paid salaries of $1,200. Paid $3,000 cash on balance owed for equipment. Paid $810 cash dividend. (c) Your answer is partially correct. Try again. Post the transactions to T-accounts. (Post entries in the order of information presented in the question.) Cash 20800|||9/5 417 3760 |9/14 1200 9/25 | 3000 9/30 Il 3 13 Bal. 4 9/30 4 Accounts Receivable 9/8 18000 9/30 18000 x.......... Bal. 18000 Bal. 18000 Equipment 9220) 546011 nnn.2020 lohn wir son olicy I Exercise 3-14 (Part Level Submission) Selected transactions for Whispering Winds Corp. during its first month in business are presented below. Sept. 1 5 8 14 25 30 Issued common stock in exchange for $20,800 cash received from investors. Purchased equipment for $9,220, paying $3,760 in cash and the balance on account. Performed services on account for $18,000. Paid salaries of $1,200. Paid $3,000 cash on balance owed for equipment. Paid $810 cash dividend. (c) Your answer is partially correct. Try again. Post the transactions to T-accounts. (Post entries in the order of information presented in the question.) Cash 20800|||9/5 417 3760 |9/14 1200 9/25 | 3000 9/30 Il 3 13 Bal. 4 9/30 4 Accounts Receivable 9/8 18000 9/30 18000 x.......... Bal. 18000 Bal. 18000 Equipment 9220) 546011 nnn.2020 lohn wir son olicy

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