Question
Analyzing and record Papa Johns Transactions only Papa Johns engages in the following events during January 2009, Papa Johns issues $2,000 of additional common stock
Analyzing and record Papa Johns Transactions only
Papa Johns engages in the following events during January 2009,
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Papa Johns issues $2,000 of additional common stock shares, receiving cash from investors.
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(b) Papa Johns borrows $6,000 from its local bank, signing a note to be paid in three years.
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(c) Papa Johns purchases new ovens, counters, refrigerators, and other equipment costing $10,000, paying $2,000 in cash and signing a two-year note payable to the equipment manufacturer for the rest
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(e) Papa Johns purchases the stock of other companies as a long-term investment, paying $1,000 in cash.
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(f) (f) Papa Johns board of directors declares that the Company will pay $3,000 in cash dividends to shareholder next month
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