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Business, 24.05.2020 01:02 dajahp

Transactions for the Oriole Company for the month of November are presented below. 1. Stockholders invested an additional $41,000 cash in the business. 2. Purchased land costing $17,200 for cash. 3. Purchased equipment costing $51,000 for $4,500 cash and the remainder on credit. 4. Purchased supplies on account for $600. 5. Paid $2,900 for a one-year insurance policy. 6. Received $3,400 cash for services performed. 7. Received $4,900 for services previously performed on the account. 8. Paid wages to employees for $2,400. 9. Paid dividends to stockholders of $450.
Journalize each transaction.

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Transactions for the Oriole Company for the month of November are presented below. 1. Stockholders i...

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