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During 2017, its first year of operations as a delivery service, Concord Corporation entered into the following transactions. 1. Issued shares of common stock to

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During 2017, its first year of operations as a delivery service, Concord Corporation entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $181,000 in cash. 2. Borrowed $54,000 by issuing bonds. 3. Purchased delivery trucks for $60,000 cash. 4. Received $17,000 from customers for services performed. 5. Purchased supplies for $5.800 on account. 6. Paid rent of $4,800. 7. Performed services on account for $11,000. 8. Paid salaries of $29,300. 9. Paid a dividend of $10,700 to shareholders. Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (If a transaction couses a decrease in Assets. Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equily ittem that was reduced, see lllustration 33 for example.) Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see Illustration 3 -3 for example.) Ising the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to tockholders' Equity in the far right column. (If a transoction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative ign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see Illustration 3 -3 for xxample.) eTextbook and Media Last swed 1 second ago. Attempts: 1 of 3 used Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (If a transoction couses a decrease in Assets, Liabilities or Stockholders' Equity, ploce a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see Illustration 33 for example.)

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