During its first month of operation, the Parkview Landscaping Corporation, which specializes in residential lancompleted the following transactions:July 1Began business by making a deposit in a company bank account of $24,000, in exchangefor 4,800 shares of $5 par value common stock.July 1Paid the premium on a one-year insurance policy, $2,400.July 1Paid the current month's rent, $2,080.July 3Purchased landscaping equipment from Brookwood Company, $8,800. Paid $1,200 down and theplaced on account. Payments will be $400.00 per month for nineteen months. The first payment i
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