Prepare the journal entry required for each of the following transactions: a. Capital stock was issued for

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Prepare the journal entry required for each of the following transactions:

a. Capital stock was issued for \(\$ 100,000\).

b. Purchased machinery for cash, \(\$ 30,000\).

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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