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Selected transactions for Oriole Corporation during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $ 1 9
Selected transactions for Oriole Corporation during its first month in business are presented below.
Sept. Issued common stock in exchange for $ cash received from investors.
Purchased equipment for $ paying $ in cash and the balance on account.
Performed services on account for $
Paid salaries of $
Paid $ cash on balance owed for equipment.
Paid $ cash dividend.
a
Complete a tabular analysis of the September transactions. For transactions affecting stockholders' equity, provide explanations in the farright 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.
Assets
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