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W Current Attempt in Progress During 2025, its first year of operations as a delivery service, Oriole Corp. entered into the following transactions. 1. 2
W Current Attempt in Progress During 2025, its first year of operations as a delivery service, Oriole Corp. entered into the following transactions. 1. 2 3. 4. 5. 6. 7. 8. 9. Issued shares of common stock to investors in exchange for $144,000 in cash. Borrowed $45,000 by issuing bonds. Purchased delivery trucks for $52,000 cash. Received $16,000 from customers for services performed. Purchased supplies for $6,300 on account. Paid rent of $5,800. Performed services on account for $11,900. Paid salaries of $27,400. Paid a dividend of $10,700 to stockholders. During 2025, its first year of operations as a delivery service, Oriole Corp entered into the following transactions. 1. Isaued shares of common stock to investors in exchange for $144,000 in cash. 2. Borrowed $45,000 by issuing bonds. 3. Purchased delivery trucks for $52,000 cash 4. Received $16,000 from customers for services performed. 5. Purchased supplies for $6,300 on account. 6 Paidrent of $5,800. 7. Performed services on account for $11,900. a. Paid salaries of $27,400 9. Paid a dividend of $10,700 to stockholders. 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. Of a transoction couses a decrease in Assets, Labilities or Stockholders' Equilty, ploce a negotive sign (or parentheses) in front of the omount entered for the porticilar Asset, Liablity or Equily item thot was reduced)
W Current Attempt in Progress During 2025, its first year of operations as a delivery service, Oriole Corp. entered into the following transactions. 1. 2 3. 4. 5. 6. 7. 8. 9. Issued shares of common stock to investors in exchange for $144,000 in cash. Borrowed $45,000 by issuing bonds. Purchased delivery trucks for $52,000 cash. Received $16,000 from customers for services performed. Purchased supplies for $6,300 on account. Paid rent of $5,800. Performed services on account for $11,900. Paid salaries of $27,400. Paid a dividend of $10,700 to stockholders.
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