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Bloomer Construction begins operations in March and has the following transactions. March 1 Issue common stock for $19,000. March 5 Obtain $8,600 loan from the

Bloomer Construction begins operations in March and has the following transactions. March 1 Issue common stock for $19,000. March 5 Obtain $8,600 loan from the bank by signing a note. March 10 Purchase construction equipment for $23,000 cash. March 15 Purchase advertising for the current month for $1,000 cash. March 22 Provide construction services for $17,600 on account. March 27 Receive $12,600 cash on account from March 22 services. March 28 Pay salaries for the current month of $5,600. Required

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