Question 4 of 11 < > View Policies Current Attempt in Progress During 2025, its first year of operations as a delivery service, Pharoah Corp. entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $137,000 in cash. 2. Borrowed $55,000 by issuing bonds. 3. Purchased delivery trucks for $63,000 cash. 4. Received $18,000 from customers for services performed. 5. Purchased supplies for $6,600 on account. 6. Paid rent of $5,900. 7. Performed services on account for $10,700. 8. Paid salaries of $26,700. 9. Paid a dividend of $11,500 to stockholders. -/2 Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far-right column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)