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1) If the owner of the business invested into the business by purchasing land, equipments, supplies and other assets with 800,000 then how will that
1) If the owner of the business invested into the business by purchasing land, equipments, supplies and other assets with 800,000 then how will that be recorded onto the journal entry and how will its T-account be made?
2) if the assets and liabilities are land for 300,000, equipment for 200,000, supplies for 250,000, and accounts payable for 40,000 then how will these be recorded onto a general journal and how will its T0accounts be done?
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