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During 2025, its first year of operations as a delivery service, Carla Vista Corp. entered into the following transactions. 1 Issued shares of common stock
During 2025, its first year of operations as a delivery service, Carla Vista Corp. entered into the following transactions. 1 Issued shares of common stock to investors in exchange for $107,000 in cash. Borrowed $52,000 by issuing bonds. Purchased delivery trucks for $67,000 cash. Received $14,000 from customers for services performed. Purchased supplies for $5,700 on account. Paid rent of $4,400. Performed services on account for $10,500. Paid salaries of $28,800. Paid a dividend of $10,400 to stockholders. 2. N 3. f 5. 6. 7. 8. 9. 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.)
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