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Selected transactions for Flounder Mill during its first month of operations are as follows. March 2 Issued common stock for $ 1 0 , 6
Selected transactions for Flounder Mill during its first month of operations are as follows.
March Issued common stock for $ cash.
Purchased used car for $ cash and $ on account, for use in the business.
Billed customers $ for services performed.
Paid $ cash to advertise business opening.
Received $ cash from customers billed on March
Paid amount owed for used car purchased on March
Received $ cash from a customer for services to be performed in April.
Declared and paid $ of dividends to stockholders.
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