Question: Borrowed $ 3 6 , 0 0 0 cash from a bank, signing a note due in three years. Received investment of cash by organizers
Borrowed $ cash from a bank, signing a note due in three years.
Received investment of cash by organizers and distributed to them shares of $ par value common stock with a market price of $ per share.
Leased a warehouse for $ paying $ in cash and signing a year rightofuse lease for the balance.
Purchased computer and office equipment for $ paying $ in cash and signing a note payable to the manufacturer for the rest.
Loaned $ to an employee who signed a note due in three months.
Paid $ to the manufacturers in d above.
Purchased shortterm investments for $ cash.
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