Prepare a tabular analysis of the September transactions Sept. 1 Issued common stock in exchange for $30,000. 20,000 for cash and 10,000 on account 5 Purchased equipment for $25,000, paying $2,000 in cash and the balance on account 30 Paid $1,000 cash dividend. Assets = Liabilities + Stockholders' Equity Accounts Stockholders Sept Cash + Equipment + A/R Payable 11 + Equity 1 + +$20,000 +$10,000 $30,000 5 -$2,000 $6,000 +$23,200 +$500 30 -$1,000 -$1,500