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Selected transactions for Sandhill Corporation during its first month in business are presented below. Sept.1 Issued common stock in exchange for $21,300 cash received from

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Selected transactions for Sandhill Corporation during its first month in business are presented below. Sept.1 Issued common stock in exchange for $21,300 cash received from investors. 5 Purchased equipment for $8,520, paying $3,080 in cash and the balance on account. 8 Performed services on account for $18,900. 14 Paid salaries of $2,100. 25 Paid $3.440 cash on balance owed for equipment. 30 Paid $750 cash dividend. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)

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