question. Cash 9/10 C 30000 Bal. C 1200 9/25 4000 9/30 = 500 9/30= 11300 20000 Accounts Receivable Equipment 0 Accounts Payable Common Stock Dividends 9/30 930 * 0 0 0 O O O 9:30 - 500 500 Service Revenue Salaries and Wages Expense 18000 9/80 18000 500 500 18000 18000
Current Attempt in Progress Selected transactions for Therow Corporation during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $20,000 cash received from investors. 5 Purchased equipment for $9,000, paying $3,000 in cash and the balance on account. 8 Performed services on account for $18,000. 14 Paid salaries of $1,200. 25 Paid $4,000 cash on balance owed for equipment. Paid $500 cash dividend. (a) 30
Post the transactions to T-accounts. (Post entries in the order of information presented in the Post the transactions to T-accounts. (Post entries in the order of information presented in the question. Cash 9/10 C 30
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