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Selected transactions for Cullumber Corporation during its first incoth in business are gresented below Sept. 1 Issued common stock in exchange for $19,200 cash received

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Selected transactions for Cullumber Corporation during its first incoth in business are gresented below Sept. 1 Issued common stock in exchange for $19,200 cash received from investors: 5 Purchased equipment for $9.470, pyying $3,650 in cash and the balance on account. 8 Performed services on account for $19,300. 14 Paidsalaries of $2,500. 25 Paid $2,910 cash on balance owed for equipment. 30 Paid $760 cashidividend. Complete a tabular analysis of the September tramsactian. For transaxtions affecting stockholders' equity. provide explanations in the tar-right column. (M a transoction causes a decrease in Assets, Liablities or Stockholders' Equitx. place a nesative sign lor parentheses) in front of the amaunt entered for the particular Asset, (iobility or Equity item that wos reduced)

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