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Business, 30.12.2019 22:31 bxbykyah

Wilma’s vegetable market had the following transactions during 2017:

1. issued $25,000 of par value common stock for cash.

2. recorded and paid wages expense of $10,000.

3. acquired land by issuing common stock of par value $50,000.

4. declared and paid a cash dividend of $1,000.

5. sold a long-term investment (cost $3,000) for cash of $3,000.

6. recorded cash sales of $20,000.

7. bought inventory for cash of $2,000.

8. acquired an investment in ibm stock for cash of $6,000.

9. converted bonds payable to common stock in the amount of $10,000.

10. repaid a 6 year note payable in the amount of $11,000.

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Wilma’s vegetable market had the following transactions during 2017:

1. issued $25,000...
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