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sactions for Oliver Printing, Incorporated for June, the first month of operations. June 1 Obtain a loan of $57,000 from the bank by signing a

sactions for Oliver Printing, Incorporated for June, the first month of operations.

June 1 Obtain a loan of $57,000 from the bank by signing a note.
June 2 Issue common stock in exchange for cash of $27,000.
June 7 Purchase car wash equipment for $62,000 cash.
June 10 Purchase cleaning supplies of $6,700 on account.
June 12 Wash 370 cars for $10 each. All customers pay cash.
June 16 Pay employees $770 for work performed.
June 19 Pay for advertising in a local newspaper, costing $370.
June 23 Wash 470 cars for $10 each on account.
June 29 Pay employees $820 for work performed.
June 30 A utility bill of $1,270 for the current month is paid.
June 30 Pay dividends of $470 to stockholders.

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