On August $31,$ the balance sheet of Wildhorse Co$.$ showed Cash $$11,000,$ Accounts Receivable $$3,700,$ Supplies $$600,$ Equipment $$6,000,$ Accounts Payable $$5,600,$ Common Stock $$14,950,$ and Retained Earnings $$750.$ During September, the following transactions occurred.

Paid $$2,400$ cash for accounts payable due.

Collected $$2,250$ of accounts receivable.

Purchased additional equipment for $$1,550,$ paying $$750$ in cash and the balance on account.

Recognized revenue of $$8,350,$ of which $$3,500$ is collewted in cash and the balance is due in October.

Declared and paid a $$2,400$ cash dividend.

Paid salaries $$1,750,$ rent for September $$1,200,$ and advertising expense $$150.$

Incurred utilities expense for month on account $$330.$

Received $$13,500$ from Capital Bank on a $6-$month note payable.

Question $11$ of $11$

Assets, Liabilities or Stockholders' Equily, place a negative sign $($or parentheses$)$ in front of the amount entered Llability or Equity item that was reduced. See Illustration $1-8$ for example.$)$

$1.$

$2.$