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Exercise 3-03 During 2022, its first year of operations as a delivery service, Concord Corporation entered into the following transactions. 1. Issued shares of common

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Exercise 3-03 During 2022, its first year of operations as a delivery service, Concord Corporation entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $181,000 in cash. 2. Borrowed $54,000 by issuing bonds. 3. Purchased delivery trucks for $60,000 cash. 4. Received $17,000 from customers for services performed. S. Purchased supplies for $5,800 on account. 6. Pald rent of $4,800. 7. Performed services on account for $11,000. 8. Paid salaries of $29,300. 9. Pald a dividend of $10,700 to shareholders. Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for ch a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity iter Stor quity Acts CH Arrowers PH Pro Stock Heiners - Dede

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