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02 The following events apply to Montgomery Company for Year1, its first year of operation: 1. Received cash of $48,000 fromthe issue of common stock.

02 The following events apply to Montgomery Company for Year1, its first year of operation: 1. Received cash of $48,000 fromthe issue of common stock. 2. Performed $67,000 of services onaccount. 3. 2 answers

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