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Lablity Transactions The foliowing itemb were selected from among the transactions completed by Stin co. during the ourrent year: Aan. 10. Purchased merchandise an accoune

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Lablity Transactions The foliowing itemb were selected from among the transactions completed by Stin co. during the ourrent year: Aan. 10. Purchased merchandise an accoune fram Bleckham Co45144,000,terms. 530. Fee. 9. Issued a 30-dey, as nste for 5144,000 to Beckham Co, on account. Mat, 11. Paid beckham Co. the amount owed on the note of February 9. May 1. Borrowed $151,200 from Verity Bank, issuing a 45-day, 94b note. June 1. Purchased tools by issuing a $72,000,60-day note to kassmuessen Ca. which discourted the note ot the rate of 7%. 15. Paid Verity Bank the interest thut on the note of May 1 and reneed the loan by issuing a new 45-day, 75, note for 4151,200 . foumalize both the debit and credit to the notes pervable accosent.) July 30. Paid Verity bank the amourt due on the nste of Juhe 19. 30. Paid Rarsimuessen Co, the amount due on the note of June 1 . Dec. 1. Purchased office equeverent trem Lambert Co. for $120000, paring 120,000 and issuing a series of ten 5% notes for 110,000 each, coming due at 30-day intervais. 15. Settied a product llability laweuit with a cuatomer for $76,000, payabie in January, 5 hin accrued the loss in a itigation claims payable account, 31. Paid the amount due Lambert Co. on the first note in the series issued on December 1. ftequired: For a compound transaction, accounts should be listed largest to smallest. June 15 July 30 July 30 Dec. 1 Dec. 15 a 360-day year, Round your answers to the nearest dollar amount

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