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The following are independent situations. A company orders and receives 1 0 personal computers for office use for which it signs a note promising to
The following are independent situations. A company orders and receives personal computers for office use for which it signs a note promising to pay $ within three months. A company purchases for $ cash a new delivery truck that has a list sticker price of $ A clothing retailer orders new display stands for $ each for future delivery. A new company is formed and issues shares of stock for $ per share to investors. A company purchases a piece of land for $ cash. An appraiser for the buyer valued the land at $ The owner of a local company uses a personal check to buy a $ car for personal use. Answer from the companys point of view. A company borrows $
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