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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) Post the transactions to T-accounts. (Post entries in the order of information presented in the question.) Cash Accounts Receivable Equipment Accounts Payable

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