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Blossom Corporation has the following transactions during August of the current year. Aug. 1 Issues shares of common stock to investors in exchange for $

Blossom Corporation has the following transactions during August of the current year.
Aug. 1 Issues shares of common stock to investors in exchange for $10,880.
4 Pays insurance in advance for 3 months, $1,500.
16 Receives $880 from clients for services rendered.
27 Pays the secretary $680 salary.
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