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Prepare a tabular analysis of the September transactions. Sept. 1 Issued common stock in exchange for 30000; 20000 for cash and 10000 on account. Purchased
Prepare a tabular analysis of the September transactions. Sept. 1 Issued common stock in exchange for 30000; 20000 for cash and 10000 on account. Purchased equipment for 25000, paying $2000 in cash and the balance on account. 5 25 Paid 1000 cash dividend. 30 Paid amount due for equipment. Assets Liabilities + Stockholders' Equity Accounts Stockholders' Sept. Cash + Equipment + A/R Payable + Equity 5 25 30
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