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q1 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

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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 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.) Complete a tabular analysis of the September transactions. For transactions affecting stockholders' equity, provide explanations in the far-right column. (ff a transoction 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.) 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, 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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