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Current Attempt in Progress During 2022, its first year of operations a delivery service, Kingbird Corp. entere into the following transactions. 9 Issued shares of
Current Attempt in Progress During 2022, its first year of operations a delivery service, Kingbird Corp. entere into the following transactions. 9 Issued shares of common stock to invest Borrowed $45,900 by issuing a note. Purchased delivery trucks for $61,200 Performed services for customers for $1 Purchased supplies for $4,794 on accou Paid rent of $5,304. Performed services on account for $10, Paid salaries of $28,560. Paid a dividend of $11,220 to sharehold 7. 8. 9. Using the following tabular analysis, showt effect of each transaction on the accounting equation. Put explanations for changes to revenues or expenses in the right-hand margin. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place negative sign (or parentheses) in front of the amount entered for the particular Asset, Liabili or Equity item that was reduced.) Current Attempt in Progress During 2022, its first year of operations a delivery service, Kingbird Corp. entere into the following transactions. 9 Issued shares of common stock to invest Borrowed $45,900 by issuing a note. Purchased delivery trucks for $61,200 Performed services for customers for $1 Purchased supplies for $4,794 on accou Paid rent of $5,304. Performed services on account for $10, Paid salaries of $28,560. Paid a dividend of $11,220 to sharehold 7. 8. 9. Using the following tabular analysis, showt effect of each transaction on the accounting equation. Put explanations for changes to revenues or expenses in the right-hand margin. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place negative sign (or parentheses) in front of the amount entered for the particular Asset, Liabili or Equity item that was reduced.)
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