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6. Prepare journal entries for the following events during the month of November. 1) Stockholders invested $50,000 cash in the business in exchange for common

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6. Prepare journal entries for the following events during the month of November. 1) Stockholders invested $50,000 cash in the business in exchange for common stock. 2) Purchased two desktop computers, software, and a printer for $5,000 cash. 3) Paid $2,000 cash for rent on an office for the month of November 4) Purchased an advertisement in a local newspaper for $500 cash, announcing the opening of new business. 5) Paid $3,000 cash for wages of an employee. 6) Received $2,000 cash from customers for the sales previously completed. 7) Paid $500 cash toward the company's accounts payable balance

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