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5 Required information E2-8 Analyzing the Effects of Transactions in T-Accounts [LO 2-2, LO 2-3, LO 2.5) [The following information applies to the questions displayed
5 Required information E2-8 Analyzing the Effects of Transactions in T-Accounts [LO 2-2, LO 2-3, LO 2.5) [The following information applies to the questions displayed below] Part 3 of 3 occurred during the year a Received $60,000 cash from the managers, each was issued 1,000 shares of common stock c Signed an agreement with a cleaning service to pay it $120 per week for cleaning the corporate offices, beginning next for use in the business at a cost of $12.000 one-fourth was paid in cash and the company signed (due in six months) year d Conor Mulkeen borrowed $10.000 for personal use from a local bank, signing a one-year note E2-8 Part 3 Retenences The agreement in (d involves no exchange or receipt of cash, goods, or services and thus is not yet a transaction 3-b. What will be your response to transaction (o
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