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The following transactions apply to Brunswick Corporation. 1) Took a loan from the bank $35,000. 2) Bought land $25,000. 3) Advance received $4,000 for service

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The following transactions apply to Brunswick Corporation. 1) Took a loan from the bank $35,000. 2) Bought land $25,000. 3) Advance received $4,000 for service to be provided in the future. 4) Paid $9,000 for operating expenses. 5) Paid $5,000 towards account payable 6) Accrued $400 of salary expense at year-end. 7) At the end of the year, a physical evaluation of supplies revealed that $3,000 out of $5,000 supplies were used during the year. Required: Classify the above accounting events into one of four types of transactions (asset source, asset use, asset exchange, claims exchange)

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