Selected transactions for Concord Corporation during its first month in business are presented below. Sept.: Invested 10,777 cash in the business in exchange for ordinary shares. 5 Purchased equipment for C13,488 paying C2,947 in cash and the balance on account. 25 Paid C2,563 cash on balance owed for equipment. 30 Declared and paid a C563 cash dividend. Concord Corporation's chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, No. 311 Share Capital-Ordinary, and No. 332 Dividends. Journalize the transactions (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is ente manually. If no entry is required, select "No entry for the account titles and enter o for the amounts.) Date Account Titles Debit Credit 2000 2021 Wiley boos. loc. All Rights Reserved. A Division of John Wiley Sons, Inc wie wicy resunul CLUMIILIUI. FUSCWroyo C Curapiews CES No. 101 Cash Date Debit Credit Balance Explanation Ref 31 31 01 31 No. 157 Equipment Date Credit Balance Debit Explanation Ref 31 No. 201 Debit Credit Balance Accounts Payable Date Explanation Ref 31 J1 No. 311 Credit Debit Share Capital-Ordinary Date Explanation Ref 31 Balance No. 332 Dividends Date Debit Credit Balance Explanation Ref 31