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give me the answer and tell me why For each of the following events, which ones result in an exchange transaction for Dittmarn Company (Y
give me the answer and tell me why
For each of the following events, which ones result in an exchange transaction for Dittmarn Company (Y for yes and N for no)'? (1) Dittman Company purchased a machine that it paid for by signing a note payable. (2) The founding owner, Megan Dittman, purchased additional stock in another company. (3) The company borrowed $2,500,000 from a local bank. (4) Six investors in Dittman Company sold their stock to another investor. (5) The company lent $300,000 to a member of the board of directors. (6) Dittman Company ordered supplies from Staples to be delivered next weekStep by Step Solution
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