The following amounts summarize the financial position of Eller Computing , Inc . , on September Eller Computing , Inc . performed a transactional analysis to determine the effects of the 30 , 2016:1 transactions on their accounting equation .* |( Click the icon to view the September 30 , 2016 financial position . ) ( Click the icon to view the completed accounting equation analysis . ) During October 2016 , Eller Computing completed these transactions : @ ( Click the icon to view the transactions . ) Read the requirements . Requirement 1 . Journalize the October transactions of Eller Computing , Inc . ( Record debits first , then credits . Exclude explanations from any journal entries . ) 2 . The business received cash of $4 , 400 and issued common stock . Journal Entry Accounts Debit Credit ( a) Choose from any list or enter any number in the input fields and then click Check Answer .0 Accounting Equation Analysis - Assets Liabilities + Stockholders' Equity Accounts Accounts Common Retained Type of Equity Cash + Receivable + Supplies + Equipment Payable + Stock + Earnings Transaction Bal 2.450 3,700 11,700 7,800 6,000 4,050 4,400 4,400 Issued stock 5,900 5,900 Service revenue (4,500) 1,400 3 900 Service revenue 0 Accounting Equation Analysis 4,400 5,900 (4,500) 1,400 (1 ,850) (2,600) 5.200 3.900 Issued stock 5.900 Service revenue 3.900 Service revenue (1,850) Expenses Dividends 10.400 9.400 23,700 September 30 , 2076 financial position Assets = Liabilities + Stockholders' Equity Accounts Accounts Common Retained Cash Receivable* Supplies Equipment* = Payable + Stock + Earnings Bal 2 , 450 3 , 700 11 , 700 7, 800 6, 000 4, 050 Print Doneo Transactions The business received cash of $4,400 and issued common stock. Performed services for a customer and received cash of $5,900. Paid $4,500 on accounts payable. Purchased supplies on account, $600. Collected cash from a customer on account, $1,400. Consulted on the design of a computer system and billed the customer for services rendered, $3,900. Recorded the following business expenses for the month: (1) paid ofce rent $1,000; (2) paid advertising$850. Declared and paid a cash dividend of $2,600. Print Done