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19) Discuss how the following transactions affect accounts and financial statements. (1) Jillian Robb invested $30,000 cash in Profile Design Co. (2) Profile Design Co.

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19) Discuss how the following transactions affect accounts and financial statements. (1) Jillian Robb invested $30,000 cash in Profile Design Co. (2) Profile Design Co. purchased supplies for $5,000 on its credit card. (3) Profile Design Co. purchased equipment for $19,000 and signed a note payable

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