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K Question 5 of 7 < > View Policies Current Attempt in Progress Selected transactions for Wildhorse Corporation during its first month in business
K Question 5 of 7 < > View Policies Current Attempt in Progress Selected transactions for Wildhorse Corporation 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. 8 Performed services on account for $19,000. 14 235 Paid salaries of $2,200. Paid $3,320 cash on balance owed for equipment. 30 Paid $560 cash dividend. -/12 (a) 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 (or 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 (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Cash Sept. 1 $ Sept. 5 Sept. 8 Sept. 14 Sept. 25 Sept. 30 $ eTextbook and Media 30 D 888 PA Assets Liabi Accounts Receivable Equipment Account! $ $ $ $ MarBooks Aus FIL I Question 5 of 7 < > -/12 E 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 (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Liabilities Accounts Payable + Common Stock + Revenues $ B eTextbook and Media www + Stockholders' Eq Expenses $ Question 5 of 7 < > -/12 E 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 (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Revenues Expenses Dividends eTextbook and Media 31242 R 5 MooBook Air
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