Selected transactions for Corp Corporation during its first month in business are presented below: 

Sept. 1 Issued common stock in exchange for $30,000 cash received from investors. 

5 Purchased equipment for $20,000, paying $2,000 in cash and the balance on account.

 25 Paid $6,000 cash on balance owed for equipment. 

30 Paid $1,000 cash dividend. Corp's chart of accounts shows Cash, Equipment, Accounts Payable, Common Stock, and Dividends. 

Instructions:

(a) Prepare a tabular analysis of the September transactions. The column headings should be: Cash + Equipment = Accounts Payable + Stockholders' Equity. For transactions affecting stockholders' equity, provide explanations in the right margin. 

(b) Journalize the transactions. Do not provide explanations. 

(c) Post the transactions to T-accounts; show balances.