Exercise 3-15 Selected transactions for Bramble Corp. during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $20,800 cash received from investors. 5 Purchased equipment for $9,480, paying $2,980 in cash and the balance on account. 8 Performed services on account for $20,400. 14 Paid salaries of $3,600. 25 Paid $3,440 cash on balance owed for equipment. 30 Paid $840 cash dividend. 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 3-4 for example.) Assets Liabilities Stockholders' Equity Retained Earnings Cash Accounts Receivable Equipment Accounts Payable Common Stock Revenues Expenses Dividends Sept. 1 $ $ $ $ $ $ Sept. 5 Sept. 8 V Sept. 14 Sept. 25 Sept. 30 $ Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Post the transactions to T-accounts. (Post entries in the order of information presented in the question.) Cash Accounts Payable Common Stock Dividends Service Revenue Salaries and Wages Expense V V