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Teal Mountain Corp. entered into the following transactions. 1. Borrowed $58,800 by issuing a note. 2. Paid $8,820 cash dividend to stockholders. 3. Received $12,740

Teal Mountain Corp. entered into the following transactions. 1. Borrowed $58,800 by issuing a note. 2. Paid $8,820 cash dividend to stockholders. 3. Received $12,740 cash from a previously billed customer for services performed. 4. Purchased supplies on account for $3,038.

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