During 2025, its first year of operations as a delivery service, Cullumber Corp. entered into the following transactions. 1. 2. 3. 4. 5. 6. 7. 8. 9. Issued shares of common stock to investors in exchange for $145,000 in cash. W Borrowed $48,000 by issuing bonds. Purchased delivery trucks for $54,000 cash. Received $16,000 from customers for services performed. Purchased supplies for $4,300 on account. Paid rent of $4,800. Performed services on account for $11,600. Paid salaries of $27,200. Paid a dividend of $10,000 to stockholders.

During 2025, its first year of operations as a delivery service, Cullumber Corp. entered into the following transactions. 1. Issued shares of common stock te investors in exchange for $145.000 in cash. 2. Borrowed $48,000 by issuing bonds. 3. Purchased delivery trucks for $54,000 cash. 4. Received $16,000 from customers for services performed. 5. Purchased supplies for $4,300 on account. 6. Paid rent of $4,800. 7. Performed services on account for $11,600. 8. Paid salaries of $27,200. 9. Paid a dividend of $10,000 to stockholders. During 2025, its first year of operations as a delivery service, Cullumber Corp. entered into the following transactions. 1. Issued shares of common stock te investors in exchange for $145.000 in cash. 2. Borrowed $48,000 by issuing bonds. 3. Purchased delivery trucks for $54,000 cash. 4. Received $16,000 from customers for services performed. 5. Purchased supplies for $4,300 on account. 6. Paid rent of $4,800. 7. Performed services on account for $11,600. 8. Paid salaries of $27,200. 9. Paid a dividend of $10,000 to stockholders