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The following events occurred for Mitka Ltd. a Received investment of $33,500 cash by organizers b. Purchased land for $21,000, paid $7,500 in cash and

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The following events occurred for Mitka Ltd. a Received investment of $33,500 cash by organizers b. Purchased land for $21,000, paid $7,500 in cash and signed a mortgage note with a local bank for the balance (due in five years). c. Borrowed cash from a bank and signed a note for $12,500 d. Lent $1,800 to an employee who signed a note due in three months e. Paid the bank the amount borrowed in (c). f Purchased $11,000 of equipment, paying $5,500 in cash and signing a note due to the manufacturet Required: Prepare journal entries for the above transactions. (If no entry is required for a transoction/event, select "No journol entry required" in the first occount field.)

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