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At the beginning of 2016. Better Corp's accounting records had the following general ledger accounts balances. Better Corp. completed the following transactions during 2016: Purchased
At the beginning of 2016. Better Corp's accounting records had the following general ledger accounts balances. Better Corp. completed the following transactions during 2016: Purchased land for $5,000 cash. Acquired $25,000 cash from the issue of common stock. Received $75.000cash for providing services to customers. Paid cash operating expenses of $42.000. Borrowed $10.000 cash from the bank. Paid a $5,000 cash dividend to the stockholders. Determined that the market value of the lend purchased even, 1 is $35,000
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