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Dakota Company experienced the following events during 2016. 1.Acquired $30,000 cash from the issue of common stock. 2. Paid$12,000 cash to purchase land. 3. Borrowed

Dakota Company experienced the following events during 2016. 1.Acquired $30,000 cash from the issue of common stock. 2. Paid$12,000 cash to purchase land. 3. Borrowed $10,000 cash. 4.Provided servi Dakota Company experienced the following events during 2016. 1. Acquired \( \$ 30,000 \) cash from the issue of common stock. 2. Paid \( \$ 12,000 \) cash to purchase land. 3. Borrowed \( \$ 10,000 \) 2 answers

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