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The company borrowed $1, 260 from a relative of one of the initial stockholders, a short-term note was signed Two zero-turn lawn mowers costing $672

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The company borrowed $1, 260 from a relative of one of the initial stockholders, a short-term note was signed Two zero-turn lawn mowers costing $672 each and a professional trimmer costing $182 were purchased for cas Gasoline, oil. and several packages of trash bags were purchased for cash of $126 Advertising flyers announcing the formation of the business and a newspaper ad were purchased The cost of During the first two weeks of operations. 47 lawns were mowed The total revenue for this work was $987; $651 Employees were paid $588 for their work during the First two weeks. Additional gasoline, oil, and trash bags costing $154 were purchased for cash In the last two weeks of the first month, revenues totaled $1, 288, of which $525 was collected Employee wages for the last two weeks totaled $714; these will be paid during the first week of the next month k. It was determined that at the end of the month the cost of the gasoline, oil, and trash bags still on hand was $42 Customers paid a total of $210 due from mowing services provided during the first two weeks The revenue for the Prepare the journal entries for above of the transactions (If no entry is required for a transaction/event, select

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