=+a. Sold temporary investments at no gain or loss, $45,000. b. Paid accounts payable, $80,000. c. Purchased

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=+a. Sold temporary investments at no gain or loss, $45,000.

b. Paid accounts payable, $80,000.

c. Purchased goods on account, $50,000.

d. Paid notes payable, $100,000.

e. Declared a cash dividend, $80,000.

f. Declared a common stock dividend on common stock, $22,500.

g. Borrowed cash from bank on a long-term note, $200,000.

h. Received cash on account, $67,500.

i. Issued additional shares of stock for cash, $400,000.

j. Paid cash for prepaid expenses, $40,000.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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