Business, 17.08.2021 02:10, 1thousandwishes
Selected transactions for Riverbed Corp during its first month in business are presented below.
Sept. 1 Issued common stock in exchange for $19,200 cash received from investors.
5 Purchased equipment for $9,470, paying $3,650 in cash and the balance on account.
8 Performed services on account for $19,300.
14 Paid salaries of $2,500.
25 Paid $2,910 cash on balance owed for equipment.
30 Paid $760 cash dividend.
a. Complete a tabular analysis of the September transactions.
b. Journalize the transactions.
c. Post the transactions to T-accounts.
Answers: 2
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Selected transactions for Riverbed Corp during its first month in business are presented below.
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