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just need part b to be journalized thanks Selected transactions for Novak Corp during its first month in business are presented below. Sept. 1 Issued

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image text in transcribedjust need part b to be journalized thanks
Selected transactions for Novak Corp during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $18.700 cash received from investors 5 Purchased equipment for $8.810, paying $2.910 in cash and the balance on account. B Performed services on account for $19.000 Paid salaries of $2,200 25 Paid $3,320 cash on balance owed for equipment 30 Pald $560 cash dividend (a) Your Answer Comect Answer (Used) Your answer is partially correct Complete a tabular analysis of the September transactions for transactions affecting stockholders equity provide explanations in the far right column of a transaction couses a decrease in Assets, Liabilities or Stockholders Equity, placea negative sien for parentheses in front of the amount entered for the particular Asset, Liability or Equity item that was reduced See Mestration 3-4 for example Assets Accounts Receivable Equipment Acco 5 30700 Sept. 5 5810 Sept. Sept. 14 -3300 Sept 25 Supt. 30 9710 CO Textbook and Media List of Accounts AttempteJot 3 used Complete a tabular analysis of the September transactions. For transactions affecting stockholders' equity provide explanations in the far right column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders'Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example.) Liabilities Stockh Accounts Payable Common Stock Retained Earnings Revenues $ Expenses $ $ 18700 5900 19000 -3920 2580 18700 19000 s eTextbook and Media ho List of Accounts Complete a tabular analysis of the September transactions. For transactions affecting stockholders' equity, provide explanations in the far right column. Of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced. Soe Mestration 3-4 for example.) Stockholders' Equity Expenses Dividends $ Issued Stock Service Revenue 9000 Service Revenue -2200 Salaries and Wages pense Didends 560 Ouvidende 9000 360 (5) Journalize the transactions. Of no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit

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