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Martinez Company was organized on January 1. During the first year of operations, the
following plant asset expenditures and receipts were recorded in random order. Analyze the
transactions using the following table column headings. Enter the amounts in the appropriate
columns. (If an amount reduces the occount balance then enter with a negative sign preceding the
number, eg.-15,000 or parenthesis, es. (15,000).

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  • 1. Martinez Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. Analyze the transactions using the following table column headings. Enter the amounts in the appropriate columns. (If an amount reduces the occount balance then enter with a negative sign preceding the number, eg.-15,000 or parenthesis, es. (15,000).