Brief Exercise 2-1 (Algo) Transaction analysis [LO2-1] The Marchetti Soup Company entered into the following transactions during the month of June (1) purchased inventory on account for $200,000 (assume Marchetti uses a perpetual inventory system); (2) paid $51000 in salaries to employees for work performed during the month (3) sold merchandise that cost $142,000 to credit customers for $255.000; (4) collected $235,000 in cash from credit customers, and (5) pald suppliers of inventory S180,000 Analyze each transaction and show the effect of each on the accounting equation for a corporation (Amounts to be deducted should be indicated by a minus sign. Enter the net change on the accounting equation) Assets Liabilities Paid in capital Retained Earnings elelas (1) 2) (3) 4) 5)