For each of the following events, which ones result in an exchange transaction for Dittman Company (Y

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For each of the following events, which ones result in an exchange transaction for Dittman Company (Y for yes and N for no)?
__ (1) Six investors in Dittman Company sold their shares to another investor.
__ (2) The founding owner, Megan Dittman, purchased additional shares in another company.
__ (3) The company borrowed $2,500,000 from a local bank.
__ (4) Dittman Company purchased a machine and signed a note,payable in one year.
__ (5) The company lent $300,000 to a supplier.
__ (6) Dittman Company ordered supplies front Staples to be delivered next week.

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Related Book For  answer-question

Financial Accounting

ISBN: 978-1259105692

6th Canadian edition

Authors: Robert Libby, Patricia Libby, Daniel G Short, George Kanaan, Maureen Sterling

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