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Transactions for Tom Petty Company for the month of October, 2022 are presented below 1. invested $50,000 cash in exchange of ordinary shares. 2. Purchased
Transactions for Tom Petty Company for the month of October, 2022 are presented below 1. invested $50,000 cash in exchange of ordinary shares. 2. Purchased land costing $28,000 for cash. 3. Purchased equipment costing $20,000 for $3,000 cash and the remainder on account. 4. Received $3,000 cash for services performed. 5. Paid salaries to employees for $2,500. a. Tabular analysis
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