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Business, 21.01.2021 22:10 kim3265

during 2017, its first year of operations as a delivery service, swifty corporation entered into the following transactions. 1. issued shares of common stock to investors in exchange for $183,000 in cash. 2. borrowed $40,000 by issuing bonds. 3. purchased delivery trucks for $58,000 cash. 4. received $17,000 from customers for services performed. 5. purchased supplies for $2,700 on account. 6. paid rent of $4,300. 7. performed services on account for $11,700. 8. paid salaries of $29,000. 9. paid a dividend of $11,200 to shareholders.

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