# -13 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 !!! Using the following tabular analysis, show the effect of each transaction on the accounting equation, Put explanations for changes to 0 22 EX Type here to search