Question 2) Assume Dessert Destination of Montana, Inc., completed the following transactions during 20X6, the company's fifth year of operations: Feb. 3 Mar. 19 Apr. 24 Aug. 15 Issued 15,000 ordinary shares ($1.00 par) for cash of $445,000. Purchased 2,600 shares of the company's own ordinary share at $25 per sharc. Sold 1,300 shares of treasury share-ordinary for $33 per share. Declared a cash dividend on the 18,500 shares of $0.40 no-par preference shares. Paid the cash dividends. Distributed an 8% share dividend on the 92,000 shares of $1.00 par ordinary share outstanding. The market value of the ordinary share was $27 per share. Sept. 1 Nov. 22 1 Requirement 1. Analyze each transaction in terms of its effect on the accounting equation of Dessert Destination of Montana, Inc. D Focus 723 words Engish (United States