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During 2022, its first year of operations as a delivery service, Grouper Corp. entered into the following transactions. 1. Is

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Answer #1
Asset = Liabilities Stockholder's Equity
Cash + Accounts receivable + Supplies + Equipment = Accounts payable + Bonds payable + Common stock + Retained earnings
Revenues - Expenses - Dividend Total
1 $ 1,23,000 + + + = + + $ 1,23,000 + - -
2 $     37,000 + + + = + $ 37,000 + + - -
3 $   -64,000 + + + $   64,000 = + + + - -
4 $     15,000 + + + = + + + $ 15,000 - - $ 15,000
5 + + $   6,100 + = $       6,100 + + + - -
6 $     -5,800 + + + = + + + - $   5,800 - $   -5,800
7 + $   11,800 + + = + + + $ 11,800 - - $ 11,800
8 $   -27,700 + + + = + + + - $ 27,700 - $-27,700
9 $   -10,400 + + + = + + + - - $         10,400 $-10,400
Total $     67,100 + $   11,800 + $   6,100 + $   64,000 = $       6,100 + $ 37,000 + $ 1,23,000 + $ 26,800 - $ 33,500 - $         10,400 $-17,100
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