Selected transactions for Swifty Corporation during its first month in business are presented below. Sept. 1 5 Stockholders invested $ 10.700 cash in the business in exchange for common stock. Purchased equipment for $11,600 paying $4,700 in cash and the balance on account. Paid $ 2,070 cash on balance owed for equipment. Declared and paid a S 610 cash dividend. 25 30 Swifty's chart of accounts shows No. 101 Cash No. 157 Equipment, No. 201 Accounts Payable, No. 311 Common Stock, and No. 332 Dividends. Journalize the transactions. Crearr account tities are automatically indented when the Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Credit Debit Date Account Titles and Explanation $10,700 Sept. 1 Cash $10.700 Common Stock $11,600 Sept. 5 Equipment $4,700 Cash $6.900 Accounts Payable $ 2.070 Sept. 25 Accounts Payable $ 2.070 Cash $ 610 Sept. 30 Dividends 5610 Cash Post the transactions using the standard account form. (Post entries in the order of journal entries presented in the previous part) No. 101 Cash Debit Credit Balance Date Explanation Ref. $ 10.700 J1 $ 10,700 Sept. 1 6,000 $4,700 31 Sept. 5 $2.070 31 Sept. 25 $ 610 31 Sept. 30 No. 157 Equipment Debit Credit Balance Date Explanation Ref. $ 11,600 31 $ 11,600 Sept: 5 No. 201 Accounts Payable Date Explanation Ref. Debit Credit Balance J1 Sept. 5 $6.900 31 $2.070 Sept. 25