Problem 1-2A On August 31, the balance sheet of Marigold Corp. showed Cash $12,000, Accounts Receivable $4,700, Supplies $600, Equipment $6,000, Accounts Payable $6,600, Common Stock $16,050, and Retained Earnings $650. During September, the following transactions occurrad. 1 Paid $3,500 cash for accounts payable due. 2. Collected $2,050 of accounts receivable. 3. Purchased additional equipment for $2,350, paying $900 in cash and the balance on account. 4. Recognized revenue of $7,900, of which $2,550 is collected in cash and the balance is due in October 5. Declared and paid a $2,250 cash dividend. 6. Paid salaries $2,100, rent for September $1,is0, and advertising expense $100 7. Incurred utilities expense for month on account $180 8. Received $12,000 from Capital Bank on a 6-month note payable Prepare a tabular analysis of the September transactions beginning with August 31 balances. (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. See Illustration 1-8 for example.) Stockholders' Equity Notes AccountsCommon +Retained Cash Receivable Supplies Equipment Payable Payable Stock Earnings Revenues Expenses Dividends 1. 2. 3. 4. 5 6. Salaries and wages expense Rent expense Advertising expense 7