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1 . Owner invested $ 8 0 , 0 0 0 of his own money to start the business 2 . Business purchased equipment for

1. Owner invested $80,000 of his own money to start the business
2. Business purchased equipment for $25,000 paying cash
3. Business paid $400 rent on premises for the month
4. Business purchased inventory of $1,500 on credit
5. Business provided services to customers for $2,000 on credit.
write down the transaction of journal.

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