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Question 2, E2-29B (boo... Part 1 of 2 HW Score: 5.73%, 0.86 of 15 Score:...

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Accounting

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Question 2, E2-29B (boo... Part 1 of 2 HW Score: 5.73%, 0.86 of 15 Score: 0 of 1 Fenced by either Cardinal Industries, Inc., a corporation, or Larry Cardinal, the major st Ore Info a. Sold land and received a note receivable of $43,000 (the land was carried on the company's books at $43,000). b. Purchased equipment for the business for $81,000 cash. c. Cardinal used personal funds to purchase a pool table for his home. d. Purchased land for a building site for the business and signed a $98,000 promissory note to the bank. Received $140,000 cash and issued stock to a stockholder. f. Earned $15,000 in revenue for services performed. The customer promises to pay Cardinal Industries in one month. g. The business paid Cardinal a cash dividend of $4,500. h. Paid $12,000 cash on accounts payable. 1. Received $37,000 cash from customers for services performed. j. Purchased supplies on account for $4,000. e. Print Done then click Check Answer. Get More Help Clear

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