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During 2022, its first year of operations as a delivery service, Marin Corp. entered into the following transactions. 1. 2. 3. 4. 5. Issued shares

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During 2022, its first year of operations as a delivery service, Marin Corp. entered into the following transactions. 1. 2. 3. 4. 5. Issued shares of common stock to investors in exchange for $ 106,000 in cash. Borrowed $ 47,700 by issuing a note. Purchased delivery trucks for $63,600 cash. Performed services for customers for $ 16,960 cash. Purchased supplies for $ 4,982 on account Paid rent of $ 5,512. Performed services on account for $ 10,600, Paid salaries of $ 29,680. Paid a dividend of $ 11,660 to shareholders. 6. 7. 8 9. Using the following tabular analysis, show the 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 a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Cash Accounts Receivable Supplies Equipment (1) $ 10600 $ $ (2) 47700 -63600 3) (4) 16960 (5) (6) -5512 (7) (8) 29680 YOY Cash Accounts Receivable Supplies Equipment (1) $ 10600 $ $ (2) 47700 (3) -63600 (4) 16960 (5) (6) -5512 (7) (8) 29680 19) -11660 S 60208 $ 10600 $ 4982 $ 6361 Liabilities Equipment Accounts Payable Notes Payable Common Stock $ 00969 $ S Stockholders' Equity Retained Earnings Common Stock Revenues Expenses Dividends $ $ $ $ cnnnAIN Cena canSADU VITRIITOLUL -74 = V A $ $ $ $ Salaries and Wages Expense Advertising Expense Rent Revenue Service Revenue Rent Expense $

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