FIHAN ial Accounting, 8e PINA ORION nment MESSAGt Mr INST HucTOR Exercise 3-3 During 2017. ts first year of operations as a d ivery service, Pina Colada Corp. entered into the following transactions. 1. Issued shares of common stock to investors in exchange for si49,000 in cash, Borrowed $48,000 issuing bonds. 3- Purchased delivery trucks for $68,000 cash 4. Received $16,000 services performed. Purchased supplies for $4,000 on account. 6- Paid rent of $4,700 7. Performed services on account for s10,800. Paid salaries of $27,400. 9. Paid a dividend of s11,100 to Using the follo wing tabular analysis, show the effect of each transaction he accounting equation. explanations for changes Stockholders' Equity in the far right column (lf a transact of the amoun t entered for the particular Asset, Liability or Equity item that was reduced, see llustration 3-3 for example.) Liabilitie Accounts payable Bonds Payable Common S Equipment Accounts Receivable s (1) (2) (3) (4) (5) (6) aco Policy 2000-2016 lohn wiler sons, unc. All Rights Reserved. A Division of Zahn wilem sens ins