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During 2022, its first year of operations as a delivery service, Marigold Corp. entered into the following transactions. 1 2. 3. 5. Issued shares of

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During 2022, its first year of operations as a delivery service, Marigold Corp. entered into the following transactions. 1 2. 3. 5. Issued shares of common stock to investors in exchange for $120,000 in cash. Borrowed $53,000 by issuing bonds. Purchased delivery trucks for $51.000 cash. Received $17.000 from customers for services performed. Purchased supplies for $6,200 on account Paid rent of $5,800. Performed services on account for $10.900. Paid salaries of $26.600. Paid a dividend of $10.200 to shareholders. 000 No Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations forchar Stockholders Equity in the far right column. (If a transaction causes a decrease in Assets. Liabilities or Stockholders' Equity, place a wengine Question 21 of 22 -730 ili Cash Accounts Receivable Supplies + Equipment (1) $ (2) (3) (4) (5) (6) 17 183 19 S to search DOLL Accounts Payable Bonds Payable Common + Stock Revenues Retained Earnings Dividends Revenues Expenses $ $ Service Revenue Rent Expense Dividends Issued Stock Salaries and Wages Expense

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