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The following additional information is taken from the records: a. Land was soid for $120. b. Equipment was acquired for cash. c. There were no
The following additional information is taken from the records: a. Land was soid for $120. b. Equipment was acquired for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. There was a $62 credit to Retained Earmings for net income. r. There was a $24 debit to Retained Earnings for cash dividends declared
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