Selected transactions for Sheridan Corporation during September $2025,$ its first month in business, are presented below:

Sept. $1$ Issued common shares in exchange for $$22,800$ cash.

$2$ Paid $$1,710$ cash for rent for the month of September.

$5$ Purchased equipment for $$11,400,$ paying $$2,280$ in cash and the balance on account.

$8$ Earned $$7,980$ in revenue, receiving $$1,140$ cash and $$6,840$ on account.

$12$ Incurred $$570$ in advertising expense on account.

$20$ Paid $$3,420$ for repairs and maintenance expenses.

$25$ Paid $$5,700$ cash on balance owed for equipment.

$27$ Incurred and paid, income taxes for the month amounting to $$1,060.$

$30$ Declared and paid a $$570$ cash dividend.

Sheridan's chart of accounts shows: Cash, Accounts Receivable, Equipment, Accounts Payable, Common Shares, Retained Earnings,

Dividends Declared, Service Revenue, Rent Expense, Repairs and Maintenance Expense, Advertising Expense, and Income Tax

Expense.

$($a$)$

Prepare an equation analysis of the September transactions equation using the following format. $($If a transaction causes $a$

decrease in Assets, Liabilities or Shareholders' Equity, place a negative sign $($or parentheses$)$ in front of the amount entered for

the particular Asset, Liability or Equity item that was reduced. See lllustration $3\mathrm{.}18$ for example.$)$

Sept. $1$

Sept. $2$

Sept. $5$

Sept. $8$

Sept. $12$

Sept. $20$

Sept. $25$

Sept. $27$

Sept. $30$