=+a. Transferred cash from a personal bank account to an account to be used for the business,

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=+a. Transferred cash from a personal bank account to an account to be used for the business, $20,000.

b. Paid July rent for office and workroom, $2,500.

c. Purchased used automobile for $22,300, paying $5,000 cash and giving a note payable

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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