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Bearcat Construction begins operations in March and has the following transactions. March 1 Issue common stock for $16,500. March 5 Obtain $8,100 loan from the

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Bearcat Construction begins operations in March and has the following transactions. March 1 Issue common stock for $16,500. March 5 Obtain $8,100 loan from the bank by signing a note. March 10 Purchase construction equipment for $20,500 cash. March 15 Purchase advertising for the current month for $1,100 cash. March 22 Provide construction services for $17,1ee on account. March 27 Receive $12,100 cash on account from March 22 services. March 28 Pay salaries for the current month of $5,100. No Date General Journal Debit Credit 16,500 1 March 01 Common Stock Cash 16,500 March 05 Notes Payable Cash 8.100 N 8,100 3 March 10 Cash Equipment 20,500 20,500 4 March 15 Advertising Expense Cash 1,100 1.100 5 March 22 Accounts Receivable Service Revenue OO 17,100 17,100 6 March 27 Accounts Receivable Cash 12,100 12,100 7 March 28 Salaries Expense Cash 5,100 OO 5,100

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