Cash and Signing A Mortgage Payable

Cash and Signing A Mortgage Payable

paid telephone bill for the month 2 sold equipment for cash, at a loss 3 sold an investment, at a gain 4 acquired a building by paying 10 in cash and signing a mortgage payable for the balance 5 made principal repayments on the mortgage 6 paid interest on the mortgage 7 sold inventory on account, at a price greater than cost 8 paid wages owing (previously accrued) to employees 9 declared and paid a cash dividend to common shareholders 10 paid rent in advance 11 sold inventory for cash, at a prim

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