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tyear of operations as a delivery service, Marigold Corp. entered into the following transactions. common stock to investors in exchange for $120,000 in cash. 000

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tyear of operations as a delivery service, Marigold Corp. entered into the following transactions. common stock to investors in exchange for $120,000 in cash. 000 by issuing bonds ery trucks for $51,000 cash. DO from customers for services performed. lies for $6,200 on account. 300. ices on account for $10,900. $26,600 of $10,200 to shareholders. During 2017, its first year of operations as a delivery service, Marigold Corp. entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $120,000 in cash. 2. Borrowed $53,000 by issuing bonds. 3. Purchased delivery trucks for $51,000 cash. 4. Received $17.000 from customers for services performed, 5. Purchased supplies for $6,200 on account. 6. Paid rent of $5,800 7. Performed services on account for $10,900. 8. Paid salaries of $26,600 9. Paid a dividend of $10,200 to shareholders. 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 for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see ljustration 3-3 for example.) Assets sceivable Liabilities Supplies Equipment Accounts Payable Bonds Payable Common Ste $ $ $ $ $ 53000 51000

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