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The first table needs positive and negative signs for the numbers. Selected transactions for Wildhorse Corporation during September 2018, its first month in business, are

The first table needs positive and negative signs for the numbers. image text in transcribed
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Selected transactions for Wildhorse Corporation during September 2018, its first month in business, are presented below: Sept. 1 Issued common shares in exchange for $21,000 cash. 2 Paid $1,600 cash for rent for the month of September. 5 Purchased equipment for $10,600, paying $2,100 in cash and the balance on account. 8 Earned $7,600 in revenue, receiving $1,000 cash and $6,600 on account of services provided 12 Incurred $400 in advertising expense on account. 20 Paid $3,200 for repairs and maintenance expenses. 25 Paid $4,900 cash on balance owed for equipment. 27 Incurred and paid income taxes for the month amounting to $1,000. 30 Declared and paid a $500 cash dividend, Prepare an equation analysis of the September transactions. Use the following format. (If an amount reduces the account balance then enter with a negative sign preceding the number es. -15,000 or in parenthesis es (15,000 Assets Liabilities Accounts Receivable Cash Equipment Accounts Payable - Common Shares Sept. 1 Sept. 2 Sept. 5 Sept. Sept. 12 Sept. 20 Sept. 25 Sept. 27 Sept. 30 Prepare an equation analysis of the September transactions. Use the following format. (If an amount reduces the account balance then enter with a negative sign preceding the number eg.-15,000 or in parenthesis es. (15,000) Liabilities Shareholders' Equity Retained Earnings Accounts Payable + Common Shares + Revenues Expenses - Dividends Declared Prepare a trial balance at September 30, 2018. SANDHILL CORPORATION Trial Balance Month Ended September 30, 2018 September 30, 2018 Year Ended September 30, 2018 Credit Totals

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