Soar inc. enters into the following transactions:
a. stockholders contribute $11,200 cash to...
Business, 07.11.2019 06:31 arnold2619
Soar inc. enters into the following transactions:
a. stockholders contribute $11,200 cash to a company in exchange for common stock.
b. the company purchases $5,600 to buy new equipment by paying cash.
c. the company pays $3,120 to suppliers on account.
Answers: 2
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