Question 5 of 7 View Policies < Current Attempt in Progress Selected transactions for Splish Brothers Inc. during its first month in business are as follows. Sept. 1 Stockholders invested $11,500 cash in the business in exchange for common stock 5 Purchased equipment for $12,600 paying $5,200 in cash and the balance on account. 25 Paid $2,520 cash on balance owed for equipment. -13 1 30 Declared and paid a $790 cash dividend. Splish Brothers's chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, No. 311 Common Stock, and No. 332 Dividends. (a) Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for the amounts) late Account Titles and Explanation Debit Credit