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During 2025, its first year of operations as a delivery service, Ivanhoe Corp. entered into the following transactions. 1. Issued shares of common stock to

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During 2025, its first year of operations as a delivery service, Ivanhoe Corp. entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $103,000 in cash. 2. Borrowed $45,000 by issuing bonds. 3. Purchased delivery trucks for $61,000 cash. 4. Received $18,000 from customers for services performed. 5. Purchased supplies for $4,900 on account. 6. Paid rent of $5,400. 7. Performed services on account for $12,000. 8. Paid salaries of $26,100. 9. Paid a dividend of $11,200 to stockholders. During 2025, its first year of operations as a delivery service, Ivanhoe Corp. entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $103,000 in cash. 2. Borrowed $45,000 by issuing bonds. 3. Purchased delivery trucks for $61,000 cash. 4. Received $18,000 from customers for services performed. 5. Purchased supplies for $4,900 on account. 6. Paid rent of $5,400. 7. Performed services on account for $12,000. 8. Paid salaries of $26,100. 9. Paid a dividend of $11,200 to stockholders

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