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1. Stockholders invested an additional $39,000 cash in the business. 2. Purchased land costing $17,600 for cash. 3. Purchased equipment costing $52,000 for $4,500
1. Stockholders invested an additional $39,000 cash in the business. 2. Purchased land costing $17,600 for cash. 3. Purchased equipment costing $52,000 for $4,500 cash and the remainder on credit 4. Purchased supplies on account for $750. 5. Paid $3,000 for a one-year insurance policy. 6. Received $3,400 cash for services performed. 7. Received $5,500 for services previously performed on account. 8. Paid wages to employees for $2,900. 9. Paid dividends to stockholders of $450. Journalize each transaction and identify each transaction by number. You may omit journal explanations. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) No. Account Titles and Explanation Debit Credit
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