Selected transactions for Novak Corp. during its first month in business are presented below. ...
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Selected transactions for Novak Corp. during its first month in business are presented below. Sept. Issued common stock in exchange for $ cash received from investors. Purchased equipment for $ paying $ in cash and the balance on account. Performed services on account for $ Paid salaries of $ Paid $ cash on balance owed for equipment. Paid $ cash dividend. a Your answer is partially correct. 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 for example. 
Selected transactions for Novak Corp. during its first month in business are presented below.
Sept. Issued common stock in exchange for $ cash received from investors.
Purchased equipment for $ paying $ in cash and the balance on account.
Performed services on account for $
Paid salaries of $
Paid $ cash on balance owed for equipment.
Paid $ cash dividend.
a
Your answer is partially correct.
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 for example.
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