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Post the transactions to T-accounts and determine month-end balances. (Post entries in the order of journal entries presented in the previous part) Equipment Selected transactions

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Post the transactions to T-accounts and determine month-end balances. (Post entries in the order of journal entries presented in the previous part) Equipment Selected transactions for Crane Corporation during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $21,600 cash received from investors. 5 Purchased equipment for $9,310, paying $2,540 in cash and the balance on account. 8 Performed services on account for $18,100. 14 Paid salaries of $1,300. 25 Paid $3,020 cash on balance owed for equipment. 30 Paid $820 cash dividend. Complete a tabular analysis of the September transactions. For transactions affecting stockholders' equity, provide explanations in the far-right column. (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, ploce a negative sign (or parentheses) in frant of the amount entered for the particular Asset, Liabifity or Equity item that was reduced.) Journalize the transactions. (If no entry is required, select "No Entry" for the occount titles and enter O 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. List all debit entries before credit entries:) 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.)

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