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(1) ML. Carter started the frim by contributng $15,500 cash to the busness in exchange for common stock. (2) The firm purchased $10,400 in office

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(1) ML. Carter started the frim by contributng $15,500 cash to the busness in exchange for common stock. (2) The firm purchased $10,400 in office equipment, iasuing a long-term note payable for $4,400 wich the remainder on account (3) Paid 5700 cash for this periods office rent lon a shorterm lease). (4) Paid $9,600 cash for subscriptions to online financial databases covering the neut three periods. (5) Bdied clients 311,300 for services rendered (6) Nade 51,000 cash payrient on account for the equiperent purchased in transaction 2 (7) Paid $2.800 cash for assistank's wary for this period. ihs Colected 19,400 cash from clients greviously billed in wantactian 5 . (9) Aeceived 51 bo imvice for this peridos vilities, it is paid early in the next period (10) Paid s1,500 cash for divoends to sharehelders. (1) Fed sas cach for interest on the note payatile for the period. Anaryre and enter edoh ints the Enancial vatement eftects tempiate

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