Part A only thanks

136 3 The Accounting Information System Analyze transactions, prepare E3-14 selected transactions for Therow Corporation during its first month in business are journal entries, and post presented below. transactions to Taccounts, Sept. 1 Issued common stock in exchange for $20,000 cash received from investors (LO 3, 4), AP 5 Purchased equipment for $9.000, paying s 3.000 in cash and the balance account 8 Performed services on account for $18,000 14 Paid salaries of $1,200. 25 Paid $4,000 cash on balance owed for equipment. 30 Paid $500 cash dividend, Therow's chart of accounts shows Cash, Accounts Receivable, Equipment, Accounts Pay- able, Common Stock, Dividends, Service Revenue, and Salaries and Wages Expense. Instructions (a) Prepare a tabular analysis of the September transactions. The column headings should be Cash Accounts Receivable Equipment- Accounts Payable Common Stock Revenues Expenses Dividends. For transactions affecting stockholders equity, provide explanations in the right margin. as shown on Illustration 3-3 on page 99. (b) Journalize the transactions. Do not provide explanations. (c) Post the transactions to Taccounts