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Problem 13-01 (Part Level Submission) Described below are certain transactions of Shamrock Corporation. The company uses the periodic inventory system 1. On February 2, the

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Problem 13-01 (Part Level Submission) Described below are certain transactions of Shamrock Corporation. The company uses the periodic inventory system 1. On February 2, the corporation purchased goods from Martin Company for $68.100 subject to cash discount terms of 2/10, 30. Purchases and accounts payable are recorded by the corporation at net amounts or cash counts. The voice was paid on February 26 2. On April 1, the corporation bought a truck for $51.000 from General Motors Company, paying $5.000 in cash and signing a one-year, 10% note for the balance of the purchase price 3. On May 1, the corporation borrowed 88,600 from Chicago National Bank by wing a 597,720 rere interest-bearing note due one year from May 1 4. On August 1, the board of directors declared a $28.000 cash dividend that was payable on September 10 to stockholders of record on August 31 the amount Make Credit the journal entries necessary to record the transactions above using appropriate dates. (no antry required select "No Entry for the account s and enter r es are automatically indented when amount i nterd. De m indent manually. Record journal entries in the order presented in the problem.) Date Accounties and Explanation

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