Exercise 3-15 Selected transactions for Cheyenne Corp. during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $18,500 cash received from investors. 5 Purchased equipment for $8,740, paying $2,760 in cash and the balance on account. 8 Performed services on account for $18,400. Pald salaries of $1,600. Paid $3,120 cash on balance owed for equipment. 30 Paid $860 cash dividend. Complete a tabular analysis of the September transactions for transactions affecting stockholders' uty provide explanations in the fort column cara transaction causes a decrease in As , L e s or Stockholders' Equity place negative for parentheses) in front of the amount entered for the particular Asset Liably or Equity Item that was reduced. See Illustration for example) Stockholders' Equity Accounts Equipment Sept. 5 Journalire the transactions. I ne entry is required, select "No Entry for the account tities and enter for the amounts Credit accountries 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 Receivable Equipment Accounts Payable Common Stock Common Stock Dividends Service Revenue Salaries and Wages Expense Click if you would like to Show Work for this