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View Policies Current Attempt in Progress Selected transactions for Therow Corporation during its first month in business are presented below. Sept. 1 5 8 Issued

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View Policies Current Attempt in Progress Selected transactions for Therow Corporation during its first month in business are presented below. Sept. 1 5 8 Issued common stock in exchange for $20,000 cash received from investors. Purchased equipment for $9,000. paying $3,000 in cash and the balance on account. Performed services on account for $18,000. Paid salaries of $1,200. Paid $4.000 cash on balance owed for equipment. Paid $500 cash dividend. 14 25 30 (a) Complete a tabular analysis of the September transactions. For transactions affecting stockholders' equity, provide exp in the far right column. If a transaction causes a decrease in Asset Liabilities or Stockholders' Equity, place a negative sign om parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3- example.) Stockholders' Equity Question 26 of 27 -/1 (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 for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for cumple.) Assets Linbi Cash Accounts Receivable + Equipment Accounts Pay Sept. 1 $ 20000 $ $ S Sept. 5 -3000 9000 Sept. B 18000 Sept. 14 -1200 Sept. 25 -4000 Sept. 30 500 $ 11300 16000 $ 9000 Question 26 of 27 > III (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 for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Mustration 3-4 for example.) Liabilities Stockholders' Equity Retained Earnings Accounts Payable + Common Stock Revenues Expenses 3 $ 20000 $ $ 6000 18000 1200 -4000 2000 1200 10000 20000 Question 26 of 27 (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 for 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 ied Earnings ues Expenses Dividends $ S Salaries and Wages Expense 18000 1200 > 500 18000 $ 1200 $ SOO

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