Selected transactions for Protheroe Corporation during its first month in business are presented below. 1. Journalize these transactions. 2. Post the following transactions to T-Accounts. Sept. 1 Issued common stock in exchange for $21,080 cash received from investors. 5 Purchased equipment for $9,010, paying $3,710 in cash and the balance on account. 8 Performed services on account for $18,000. 14 Paid salaries of $1,200. 25 Paid $2,920 cash on balance owed for equipment. 30 Paid $970 cash dividend