Question: 1 2 3. Current Attempt in Progress During 2022, its first year of operations as a delivery service. Bridgeport Corp. entered into the following transactions



1 2 3. Current Attempt in Progress During 2022, its first year of operations as a delivery service. Bridgeport Corp. entered into the following transactions Issued shares of common stock to investors in exchange for $ 194,000 in cash Borrowed $ 37.000 by issuing bonds Purchased delivery trucks for $ 54,000 cash Received $ 15,000 from customers for services performed. Purchased supplies for $6,500 on account Paid rent of $ 5.900 Performed services on account for $11.000. Paid salaries of $ 29,700 Paida dividend of $ 11,000 to shareholders 4 5 6 7 8 9. 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 transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place a negotive sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see Illustration 3-4 for example) Assets Cash Accounts Receivable Supplies Equipment MacBook Pro 3 10 8 9 O E R Y C 1 O P S D F G H J L C V B N M Ve 96 ammand command od Assets Accounts Receivable Cash Supplies Equipment 10 (3) 14 15 in 8) 5 MacBook Pro 1:1:1:1. I ; I E R Y - o V WW S D F G H 3 K *** X V B I N M 3 command option Liabilities Accounts Payable Bonds Payable Common Stock Revenues $ $ MacBook Pro 1 2 3 II 6 8 O W . R . Y 1 P S D F G H J K A C V B N M 36 36 Emmand command option Stockholders'Equity Retained Earnings Revenues Expenses Dividends s LA MacBook Pro NE 3 02 0 > B 9 W E R Y C P 1 o D S F G H J K L
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