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was needing help to slove the 2 that have red thank you. Requlred information [The following intormation appies to the questions displayed below] Assume Oown,
was needing help to slove the 2 that have red thank you.
Requlred information [The following intormation appies to the questions displayed below] Assume Oown, incorporated, was organized on Moy 1 to compete with Despal, incorporated - a company that sells demotwatonal posters and office products. Down, incorporated encountered the following events during its first month of operstions. a. Recelved 549000 cnut from the invesiors who organzed Dowo, incorporoted B. Borrowed $16,000 cosh and signed a note due in two years c. Oidered equpment costing 517,000 d. Purchosed $7,000 in equipment, payng $4,000 in cash and signing o stx-month note for the baisnce e Recelved the equipment ordered in (c). paid for holf of it, and put the regt on account: Required: 1. Summarze the tinancial effects of zems (ay-le) in a table. (Enter any decreases to account belences with a minus sign.) Step by Step Solution
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