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Selected transactions for Blossom Corporation during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $18,000 cash received

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Selected transactions for Blossom Corporation during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $18,000 cash received from investors. 5 Purchased equipment for $8,500, paying $2,500 in cash and the balance on account. 8 Performed services on account for $18,000. 14 Paid salaries of $1,200. 25 Paid $2,500 cash on balance owed for equipment. 30 Paid $500 cash dividend. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)

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