CAT-CL2350-34 Question 2 View Policies Current Attempt in Progress During 2002. its first year of operations as a delivery service, Blue Spruce Corp entered into the following transactions 1 issued shares of common stock to investors in exchange for $121,000 in cash 2. Borrowed $38.000 byssing bonds 3 Purchased delivery trudies for $64.000 cash Received $16.000 ron customers for services performed 5. Purchased supplies for $3200 on account. Paid rent of $5300 7. Performed services on account for $11.700 8 Paid salaries of $28.900 9. Pada dividend of $10.00 to shareholders Using the following b a Lab or Stockholders foi sis show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right enc o rporentheses) in front of the amounted for the particular Asset, Libility or Equity that was reduced, sest Assets oo DELL