Selected transactions for Sheridan Corporation during its first month in business are presented below. Sept. 1 5 8 14 25 30 Issued common stock in exchange for $18,200 cash received from investors. Purchased equipment for $8,670, paying $2,550 in cash and the balance on account. Performed services on account for $19,700. Paid salaries of $2,900. Paid $2,900 cash on balance owed for equipment. Paid $520 cash dividend.

Selected transactions for Sheridan Corporation during its first month in business are presented below. Sept 1 Issued common stock in exchange for $18,200 cash received from imestors. 5 Purchased equipment for $8,670, paying $2,550 in cash and the balance on account 8 Performed services on account for $19,700. 14 Paid salaries of $2,900. 25 Paid $2,900 cash on balance owed for equipment 30 Paid $520 cash dividend. (5) Toutbok and Media