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1 . Justin Cole started the business with a cash investment of $ 5 9 , 0 0 0 2 . Purchased equipment for $

1.Justin Cole started the business with a cash investment of $59,000
2. Purchased equipment for $21,500 on credit.
3. Performed services for $3,000 in cash.
4. Purchased additional equipment for $4500 in cash.
5.Performed services for $5,000 on credit.
6. Paid salaries of $4,400 to employees.
7. Received $3100 cash from charge account customers.
8. Paid $12,600 to a creditor on account.

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