Help Chapter 2 Homework The Marchetti Soup Company entered into the following transactions during the month of June (1) purchased Inventory on account for $150,000 (assume Marchetti uses a perpetual inventory system); (2) paid $41.000 in salaries to employees for work performed during the month: (3) sold merchandise that cost $122,000 to credit customers for $205,000; (4) collected $185,000 in cash from credit customers, and (5) paid suppliers of inventory $130,000. points Analyze each transaction and show the effect of each on the accounting equation for a corporation. (Amounts to be deducted should be indicated by a minus sign. Enter the net change on the accounting equation.) Assets Liabilities + Paid in capital - Retained Earnings Relevances