Business
Business, 09.09.2019 20:10, chickenndle7814

The following events occurred for johnson company:
a. received investment of $43,000 cash by organizers and distributed 1,180 shares of $1 par value common stock to them.
b. purchased $8,800 of equipment, paying $1,300 in cash and signing a note for the rest.
c. borrowed $9,000 cash from a bank.
d. loaned $500 to an employee who signed a note.
e. purchased $17,048 of land; paid $7,000 in cash and signed a mortgage note for the balance.

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The following events occurred for johnson company:
a. received investment of $43,000 cash by...

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