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During 2022, its first year of operations as a delivery service, Sarasota Corp. entered into the following transactions. 1 2. 3 4 5. 6. 7

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During 2022, its first year of operations as a delivery service, Sarasota Corp. entered into the following transactions. 1 2. 3 4 5. 6. 7 Issued shares of common stock to investors in exchange for $103.000 in cash. Borrowed $45.000 by issuing bonds. Purchased delivery trucks for $61.000 cash. Received $18.000 from customers for services performed. Purchased supplies for $4.900 on account Paid rent of $5,400 Performed services on account for $12,000. Paid salaries of $26,100 Paid a dividend of $11.200 to shareholders. 8. 9 Assets Accounts + Receivable Cash Supplies + Equipment (1) $ $ $ $ (2) (3) (4) (5) 16) 18) 19) Liabilities Accounts Payable Bonds Payable Common + Stock Revenues $ $ I Retained Earnings Dividends Revenues Expenses $ $ > > &

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