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Nancy Tercek started a delivery service, Tercek Deliveries, on June 1, 2022. The following transactions occurred during the m June 1 Stockholders invested $10,000 cash

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Nancy Tercek started a delivery service, Tercek Deliveries, on June 1, 2022. The following transactions occurred during the m June 1 Stockholders invested $10,000 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries for $14,000. Nancy paid $2,000 cash and signed a note payable for the remain 3 Paid $500 for office rent for the month. 5 Performed $4,800 of services on account. 9 Declared and paid $300 in cash dividends. 12 Purchased supplies for $150 on account. 15 Received a cash payment of $1,250 for services performed on June 5. 17 Purchased gasoline for $100 on account. 20 Received $1,500 cash for services performed. 23 Made a cash payment of $500 on the note payable. 26 Paid $250 for utilities. 29 Paid for the gasoline purchased on account on June 17. 30 Paid $1,000 for employee salaries. Show the effects of the previous transactions on the accounting equation using the following format. (If a transaction couses a decrease in Assets, Stockholders' Equity, ploce a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced 1-8 for example.)

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