Current Attempt in Progress During 2022, its first year of operations as a delivery service, Concord Corporation entered into the following transactions. 1. 2. 3. 4. 5. 6. 7. 8. 9. Issued shares of common stock to investors in exchange for $181,000 in cash. Borrowed $54,000 by issuing bonds. Purchased delivery trucks for $60,000 cash. Received $17,000 from customers for services performed. Purchased supplies for $5,800 on account. Paid rent of $4,800. Performed services on account for $11,000. Paid salaries of $29,300. Paid a dividend of $10,700 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 (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see Illustration 3-4 for example.)

During 2022, its first year of opcrations as a delivery service, Concord Corporation entered into the following transactions 1. Issued shares of common stock to investors in exchange for $181,000 in cash. 2. Borrowed $54,000 by issuing bonds. 3. Purchased delivery trucks for $60.000 cash. 4. Received $17,000 from customers for services performed 5. Purchased supplies for $5,800 on account. 6. Paid rent of $4,800. 7. Performed services onaccount for $11,000. B. Paid salaries ot 529,300 . 9. Paid a dividend of $10,700 to sharcholders. Using the following tabular anslysis, show the effect of each transaction on the accounting equation. Put explanations for chanees to Stockholders' Equity in the far richt column. (if a transaction causes a deciease in Assets, Liabilities or Stockholders' Equilth. place o nesotive sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity itrm that was reduced, see illustration 34. for example.) Accounts Cash + Receivable Supplies Equipment (1) 5 5 5 5 (2) (3) (4) (5) (6) (7) (iii) (i) During 2022, its first year of operations as a delivery service, Concord Corporation entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $181,000 in cash. 2. Borrowed $54,000 by issuing bonds. 3. Purchased delivery trucks for $60,000 cash. 4. Received $17,000 from customers for services performed 5. Purchased supplies for $5,800 on account. 6. Paid rent of $4,800. 7. Performed services on account for $11,000. 8. Paid salaries of $29,300, 9. Paid a dividend of $10,700 to shareholders. Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockhoiders' Equity in the far right column. (If a transoction couses a decrease in Assets, Liabilities or Stockholders' Equity. place a nezative sign (or parentheses) in front of the amount entered for the particular Asset, (lobility of Equity ifem that wos redoced, see lilustration 3.4 for expmple.) (1) 5 5 5 5 (2) (3) (4) (5) (6) (7) (ii) (i) (7) (8) (9)