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Chapter 8 Exercise 2 - Investing Activities a. On 8/6/10 the company purchased some additional equipment from a restaurant that closed the previous month. The

Chapter 8 Exercise 2 - Investing Activities

a. On 8/6/10 the company purchased some additional equipment from a restaurant that closed the previous month. The equipment was valued at $10,000 for which the company signed a two-year 6% note payable to Evian Sprinter with no payment due until maturity.

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