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Business, 01.12.2021 03:40 alexisbreton

Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $2,200.
b. Cash provided from consulting to customers, $48,600.
c. Cash used for purchase of mining equipment, $79,000.
d. Cash provided from long-term borrowing, $66,000.
e. Cash used for payment of employee salaries, $24,600.
f. Cash used for payment of office rent, $12,600.
g. Cash provided from sale of equipment purchased in c. above, $23,100.
h. Cash used to repay a portion of the long-term borrowing in d. above, $43,000.
i. Cash used to pay office utilities, $4,900.
j. Purchase of company vehicle, paying $10,600 cash and borrowing $15,600

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