Exercise 245 Selected transactions for Riverbed Corp during its first month in business are presented below: Sept. 1 Issued common stock in exchange for $40,500 cash received from investors. 5 Purchased equipment for $22,700, paying $2,000 in cash and the balance on account. 25 Paid $5,400 cash on balance owed for equipment. 30 Paid $1,700 cash dividend. Riverbed's chart of accounts shows: Cash, Equipment, Accounts Payable, Common Stock, and Dividends. Cash 9/1 9/5 > 9/5 9/25 v