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a. Received $72,000 cash and a building valued at $260,000 from the five investors who organized Jameson Corporation. Each 33.34 investor recelved 107 shares of
a. Received $72,000 cash and a building valued at $260,000 from the five investors who organized Jameson Corporation. Each 33.34 investor recelved 107 shares of $10 par value common stock. b. Ordered store fixtures costing $18,000. c. Borrowed $13,000 cash and signed a note due in two years. d. Purchased $16,000 of equipment, paying $1,000 in cash and signing a six-month note for the balance. e. Lent $1,000 to an employee who signed a note to
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