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please help During 2017, its first year of operations as a delivery service, Martinez Corp, entered into the following transactions. 1. Issued shares of common
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During 2017, its first year of operations as a delivery service, Martinez Corp, entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $119,000 in cash. 2. Borrowed $55,000 by issuing bonds. 3. Purchased delivery trucks for $61,000cash. 4. Received $14.000 from customers for services performed. 5. Purchased supplies for $3,900 on account. 6. Paidrent of $5,900 7. Performed services on account for $10,800. 8. Paid salarles of $28,800. 9. Paid a dividend of $10,600 to shareholders. Using the following tabular anarisis, show the effect of each transaction on the accounting cquation. Put explanations for changes to sim (or parentheses) in front of the amount entered for the partikulor Asset, Labiaity or Equity item that war reduced, see llisitrution 33 for enamples Step by Step Solution
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