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Business, 29.01.2021 01:00 diemiten

Issued 6,100 shares of common stock for $610,000 cash. Borrowed $114,000 cash from a local bank, payable in two years. Bought a building for $272,250; paid $84,250 in cash and signed a three-year note for the balance. Paid cash for equipment that cost $238,000.Purchased supplies for $31,250 on account. Summarize the journal entry effects from part 2 using T-accounts.

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