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Sept. 1 Issued common stock in exchange for ( $ 18,700 ) cash received from investors. 5 Purchased equipment for ( $ 8,810 ), paying
Sept. 1 Issued common stock in exchange for \\( \\$ 18,700 \\) cash received from investors. 5 Purchased equipment for \\( \\$ 8,810 \\), paying \\( \\$ 2,910 \\) in cash and the balance on account. 8 Performed services on account for \\( \\$ 19,000 \\). 14 Paid salaries of \\( \\$ 2,200 \\). 25 Paid \\( \\$ 3,320 \\) cash on balance owed for equipment. 30 Paid \\( \\$ 560 \\) cash dividend. (a) Complete a tabular analysis of the September transactions. For transactions affecting stockholders' equity. provide explanations in the far-right column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)
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