ne / study /business / accounting /accounting questions and answers / exercise 3-11 selected transactions for pro uestion: Exercise 3-11 Selected transactions for Protheroe Exercise 3-11 Selected transactions for Protheroe Corporation during its first month in business are presented below Sept. ssued common stock in exchange for $21,060 cash received from investors Purchased equipment for $8,570, paying $2,800 in cash and the balance on account. 14 25 30 Performed services on account for $18,000. Paid salaries of $1,200. Paid $3,100 cash on balance owed for equipment Paid $900 cash dividend. OSHIBA FS F6 F7 F8 F9 F1D