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1. Jenna Aracel, the owner, invested $100,000 cash, office equipment with a value of $5,000 and $60,000 of drafting equipment to launch the company in

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1. Jenna Aracel, the owner, invested $100,000 cash, office equipment with a value of $5,000 and $60,000 of drafting equipment to launch the company in exchange for common stock. 2. The company purchased land worth $49,000 for an office by paying $6,300 cash and signing a long-term note payable for $42,700. 3. The company purchased a portable building with $55,000 cash and moved it onto the land acquired in b The company paid $3,000 cash for the premium on an 18-month insurance policy. The company completed and delivered a set of plans for a client and collected $6,200 4. 5. cash 6. The company purchased $20,000 of additional drafting equipment by paying $9,500 cash and signing a long-term note payable for $10,500. 7. The company completed $14,000 of engineering services for a client. This amount is to be received in 30 days. 8. The company purchased $1,150 of additional office equipment on credit. 9. The company completed engineering services for $22,000 on credit. 10. The company received a bill for rent of equipment that was used on a recently completed job. The $1,333 rent cost must be paid within 30 days. 11. The company collected $7,000 cash in partial payment from the client described in transaction g 12. The company paid $1,200 cash for wages to a drafting assistant. 13. The company paid $1,150 cash to settle the account payable created in transaction h. 14. The company paid $925 cash for minor maintenance of its drafting equipment. 15. The company paid $9,480 cash in dividends 16. The company paid $1,200 cash for wages to a draftin stant. 17. The company paid $2,500 cash for advertisements on tne web during June

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