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1 56.37 Saved Help Save Jameson Corporation was organized on May 1. The following events occurred during the first month. a. Received $66,000 cash

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1 56.37 Saved Help Save Jameson Corporation was organized on May 1. The following events occurred during the first month. a. Received $66,000 cash from the five investors who organized Jameson Corporation. Each investor received 107 shares of $10 par value common stock. b. Ordered store fixtures costing $16,000. c. Borrowed $16,000 cash and signed a note due in two years. d. Purchased $16,000 of equipment, paying $1,100 in cash and signing a six-month note for the balance. e. Lent $1,800 to an employee who signed a note to repay the loan in three months. f. Received and paid for the store fixtures ordered in (b). Required: Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 5 6 Record the $16,000 purchase of equipment paid for with $1,100 in cash and a six-month note for the balance. Note: Enter debits before credits.

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