Question: Exercise 3 - 3 +| Your answer is partially correct . Try again . During 2017 , its First year of operations as a delivery


Exercise 3 - 3 \\+| Your answer is partially correct . Try again . During 2017 , its First year of operations as a delivery service , Persimmon Corp . entered into the following transactions . Issued shares of common stock to investors in exchange for $ 1010, 000 in cash . Borrowed $ 45, 000 by issuing bonds .` Purchased delivery trucks For $60, 000 cash . Received $ 16, 000 From customers for services performed . Purchased supplies For $4, 200 on account . Paid rent of $5, 200 . Performed services on account for $ 10, 000 . Paid salaries of $ 28, 000 . 5) . Paid a dividend of $ 1 1 , 000 to shareholders .nits Supplies + Equipment Accounts Bonds Common Payable Payable Stock Retained Earnings able REVENUES Expenses Dividends 10000 0 # 50000 Service Revenue WOODDD JUDUEL JUDIDUCT 5200 Rent Expense JUJUJELLY 90do Service Revenue 28:000 Salaries and Wages Expense *\\ 1 1000 Dividends 4700 500001 $50.00 100000 25000 33200 1 1000 # # | #`
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