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Selected transactions for Crane Corporation during its first month in business are presented below. Sept. 1 (a) 5 8 14 25 30 Issued common stock

Selected transactions for Crane Corporation during its first month in business are presented below. Sept. 1 (a) 5 8 14 25 30 Issued common stock in exchange for $20,500 cash received from investors. Purchased equipment for $9,430, paying $2,590 in cash and the balance on account. Performed services on account for $20,300. Paid salaries of $3.500. ities Paid $3,140 cash on balance owed for equipment. Paid $640 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.) Stockholders' Equity
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Selected tranactions for Crane Cerporation during its first menth in business ars presented below: Sept 1 tusud common stock in eachange for $20,500 canh received from imestars 5 Rurchused equpment tor $9.430, payins $2.590 in cash and the batance on account. 1. Pertormed vovices on mocount for $20,300. 14 Prid warles of 13500 25 Paid s2149 cash on balance owed for equipment: 30 Paidselocartividend. (a) that was reduceds) Complete a tabular analysis of the September transactions. For transactions affecting stockholders equity, provide explanations in the far-ripht column, if o transaction causer a decrease in Assets, Liobilitiea or Stock holden' Equity, place a negotive sign (or parentheies) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced] lecrease in Assets, Liabilities or Stociholders' Equity, ploce a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability ar Equity item hat mas reduced]

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