Question: journalize the transactions Selected transactions for Cheyenne Corp. during its first month in business are presented below. Sept. 1 5 Issued common stock in exchange
journalize the transactions

Selected transactions for Cheyenne Corp. during its first month in business are presented below. Sept. 1 5 Issued common stock in exchange for $18,500 cash received from investors. Purchased equipment for $8,740, paying $2.760 in cash and the balance on account Performed services on account for $18,400, Paid salaries of $1,600. 8 14 25 Paid $3,120 cash on balance owed for equipment. Paid $860 cash dividend. 30 Date Account Titles and Explanation Debit Credit
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