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1. The travel agency received $30,000 cash and issued common stock to the new shareholder 3. Bought $500 of office sunnlies on account. 4. Received

image text in transcribedimage text in transcribed 1. The travel agency received $30,000 cash and issued common stock to the new shareholder 3. Bought $500 of office sunnlies on account. 4. Received $5,500 cash from clients for service revenue earned. 5. Performed travel service for clients on account, $3,000. 6. Paid cash expenses: computer rent, $600; office rent, $1,000; employee salary, $1,200; utilities, $400. o n n 11antad $1nnnn the acconunt receivable created in

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