ters 3, 4, 5) Chap 4 TF Flashcards Quiz Selected transactions for Riverbed Corp during its first month in business are presented below: Sept. 1 Issued common stock in exchange for $40,500 cash received from investors. 5 Purchased equipment for $22,700, paying $2,000 in cash and the balance on account. 25 Paid $5,400 cash on balance owed for equipment. 30 Paid $1,700 cash dividend. Riverbed's chart of accounts shows: Cash, Equipment, Accounts Payable, Common Stock, and Dividends. (a) Your Answer Correct Answer (Used) Prepare a tabular analysis of the September transactions. For transactions affecting stockholders' equity, select appropriate explanation in the right margin. - Liabilities + Stockholders' Equity ment - Accounts Payable + Stockholders' Equity $ + $ $ Issued stock . 22.700 2 20,700 5.400 Dividends $ 22.700 EUR X 6 Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit e Textbook and Media AW AM P w