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ting Question 1 View Policies Current Attempt in Progress tes Selected transactions for Martinez Corp. during its first month in business are presented below. upport
ting Question 1 View Policies Current Attempt in Progress tes Selected transactions for Martinez Corp. during its first month in business are presented below. upport Sept. 1 Issued common stock in exchange for $21,800 cash received from investors. 5 Purchased equipment for $8,650, paying $2,880 in cash and the balance on account. 8 Performed services on account for $18,800. 14 Paid salaries of $2,000. 25 Paid $3,050 cash on balance owed for equipment. 30 Paid $810 cash dividend. Complete a tabular analysis of the September transactions. For transactions affecting stockholders' equity provide explanations in the far right column (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, See ilustration 3-4 for example.) Liabilities Assets 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. See Illustration 3-4 for example.) Assets Liabilities Cash + Accounts Receivable + Equipment = Accounts Payable Sept. 1 $ Sept. 5 Sept. 8 Sept. 14 Sept. 25 Sept. 30 e Textbook and Media List of Accounts 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. See Illustration 3-4 for example.) Stockholders' Equity Retained Earnings + Common Stock + Revenues Expenses - Dividends e Textbook and Media List of Accounts he September transactions. For transactions affecting stockholders' equity, provide umn. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative e amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration Stockholders' Equity - Expenses - Dividends
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