Selected transactions for Carla Vista Corporation during its first month in business are presented below.

Sept. $1$ Issued common stock in exchange for $$18,800$ cash received from investors.

$5$ Purchased equipment for $$8,690,$ paying $$2,840$ in cash and the balance on account.

$8$ Performed services on account for $$19,900.$

$14$ Paid salaries of $$3,100.$

$25$ Paid $$3,120$ cash on balance owed for equipment

$30$ Paid $$630$ cash dividend.

$($a$)$

Your answer is partially correct.

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.$)$

eTextbook and Media

List of Accounts

Attempts: $2$ of $2$ used

$($b$)$

Journalize the transactions. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ 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.

eTextbook and Media

List of Accounts