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Anty and Jin form an Limited liability company (LLC). Jin invests $3,300 cash, equipment with a market value of $6,300, and land with a market
Anty and Jin form an Limited liability company (LLC). Jin invests $3,300 cash, equipment with a market value of $6,300, and land with a market value of $41,500. Prepare the LLCs journal entry to record Jins investment. Hint: The LLC records Jins investment using the Jin, Member Equity account.
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