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A company orders and receives 10 personal computers for office use for which it signs a note promising to pay $20,000 within three months. A
A company orders and receives 10 personal computers for office use for which it signs a note promising to pay $20,000 within three months. A company purchases for $33,000 cash a new delivery truck that has a list (sticker) price of $36,000. A womens clothing retailer orders 30 new display stands for $420 each for future delivery. A new company is formed and issues 100 shares of stock for $12 per share to investors. A company purchases a piece of land for $41,000 cash. An appraiser for the buyer valued the land at $46,700. The owner of a local company uses a personal check to buy a $16,000 car for personal use. Answer from the companys point of view. A
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