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I need these answers 1. Acquired an additional $28,000 from the issue of common stock. 2. Received $130,000 for providing services. 3. Paid $18,000 to
I need these answers
1. Acquired an additional $28,000 from the issue of common stock. 2. Received $130,000 for providing services. 3. Paid $18,000 to creditors to reduce loan. 4. Paid expenses amounting to $67,000. 5. Paid a $11,000 dividend to the stockholders. 6. Determined that the market value of the land is $40,000. 1. Acquired an additional $28,000 from the issue of common stock. 2. Received $130,000 for providing services. 3. Paid $18,000 to creditors to reduce loan. 4. Paid expenses amounting to $67,000. 5. Paid a $11,000 dividend to the stockholders. 6. Determined that the market value of the land is $40,000Step by Step Solution
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