Saved Help Save The Marchetti Soup Company entered into the following transactions during the month of June (1) purchased inventory on account for $200,000 (assume Marchetti uses a perpetual inventory system), (2) paid $51,000 in salaries to employees for work performed during the month: (3) sold merchandise that cost $142,000 to credit customers for $255,000:(4) collected $235,000 in cash from credit customers, and (5) paid suppliers of inventory $180,000 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.) 14 Assets Liabilities Paid.in capital Retained Earnings (1) (2) (3) (4)