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transactions for Tom Petty Company for the month of October are presene y for the month of October are presented below. in by number. You

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transactions for Tom Petty Company for the month of October are presene y for the month of October are presented below. in by number. You may omit haze each transaction and identify ench transaction by number. You may journal explanations. 1. Invested $40,000 cash in the business in exchange for stock. 2. Purchased land costing $28,000 for cash. 3. Purchased equipment costing $15,000 for $3.000 cash and the remainder on crcdit. 4. Purchased supplies on account for $800. 5. Paid $1,000 for a one-year insurance policy. 6. Received $3,000 cash for services performed. 7. Received $4,000 for services previously performed on account. 8. Paid wages to employees for $2,500. 9. Paid dividends of $2,000

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